CFA Practice Question

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CFA Practice Question

One card is drawn from a standard 52-card deck. In describing the occurrence of two possible events, an ace and a king, these two events are said to be ______.

A. independent
B. mutually exclusive
C. random variables
D. randomly independent
Correct Answer: B

User Contributed Comments 7

User Comment
Bibhu Mutually exclusive doesn't mean the sum of the probabilities are 1.
childpsych1 Mutually exclusive means they cannot happen at the same time in one event
rv118 Sweet, thanks!!
pokigbo Mutually exclusive and collectively EXHAUSTIVE means that the sum of the probabilities will equal 1.
Fezfez23 Why would you give us 4 choices when in an exam there are 3 choices? This is messed up.
wenhu good question
iiman Aren't they both independent events
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