18. Assume that you are about to buy a car. There is a probability of 0.4 that y

Question

18. Assume that you are about to buy a car. There is a probability of 0.4 that you will purchase a new vehicle, and a probability of 0.5 that you will purchase a used vehicle. There is no probability that you will go home with more than one vehicle. Which statement(s) is/are TRUE? A) The probability that you will not buy a used vehicle is 0.5. If you buy a new car, then you will not buy a used car. C) Purchasing a new car and purchasing a used car are disjoint events D) All of the answer choices are true.

Explanation / Answer

The correct answer is "Purchasing a new car and purchasing a used car are disjoint events". Here, disjoint means that if you Purchasing a new car than you will not purchasing a used car and vice-versa.

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