- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 3. Probability Concepts
- Subject 1. Introduction
CFA Practice Question
An experiment consists of removing one card from a deck of 52 cards. Let S = (H,D,C,P). Let event A be the event in which the card removed is a heart (H) or a diamond (D), A= (H,D). Let event B be the event in which the card removed is a spade (P) or a club (C), B = (C,P). Which of the following statements is incorrect?
B. A and B are exhaustive events.
C. (D,C) is not a subset of S.
A. A and B are disjoint events.
B. A and B are exhaustive events.
C. (D,C) is not a subset of S.
Correct Answer: C
Although (D,C) is not defined as an event, it is a subset of S.
User Contributed Comments 7
| User | Comment |
|---|---|
| theBooty | what is a disjoint event? |
| mtcfa | Why is B not correct? |
| JP09 | B is correct! Lesson: Read Carefully. "Which of the following statements is INCORRECT?" If two events have no outcomes in common they are said to be disjoint events. |
| mtcfa | Disjoint events have no outcomes in common. In this case that is true. |
| Ioannis | disjoint=mutually exclusive=>P(A*B)=0 |
| choas69 | why tease us with different names ? |
| ashish100 | to help you pass the exam mr 69 |