What is mutually exclusive investment decision?
Mutually exclusive investment decisions. Investment decisions in which the acceptance of a project precludes the acceptance of one or more alternative projects.
What is mutual exclusively?
Definition of mutually exclusive : being related such that each excludes or precludes the other mutually exclusive events also : incompatible their outlooks were not mutually exclusive.
How do you determine mutually exclusive?
A and B are mutually exclusive events if they cannot occur at the same time. This means that A and B do not share any outcomes and P(A AND B) = 0.
What is the difference between mutually exclusive and not mutually exclusive?
Mutually exclusive events are events that can not happen at the same time. Examples include: right and left hand turns, even and odd numbers on a die, winning and losing a game, or running and walking. Non-mutually exclusive events are events that can happen at the same time.
How do you use mutually exclusive?
Mutually exclusive in a Sentence There are two mutually exclusive ways to drive to California, but you can’t take both routes. 2. Because they aren’t mutually exclusive positions, the writer can pursue her passion and teach at the same time. 3.
What is another word for mutually exclusive?
What is another word for mutually exclusive?
| incompatible | conflicting |
|---|---|
| irreconcilable | antithetical |
| disjoint | at variance |
| at odds | mutually incompatible |
| contrary | different |
What’s another word for mutually exclusive?
What does not mutually exclusive mean?
— often used after not to describe things that can exist together or at the same time. In a marriage, love and conflict are not mutually exclusive. [=both love and conflict can exist in a marriage at the same time]
What is the difference between mutually exclusive and mutually inclusive?
2 events are mutually exclusive when they cannot both occur simultaneously. 2 events are mutually inclusive when they can both occur simultaneously. The possible results of 1 trial of a probability experiment. The chance that something will happen.
What does the term not mutually exclusive mean?
What is opposite of mutually exclusive?
Opposite of not consistent or in harmony with. accordant. agreeing. compatible. concordant.
How do you find mutual exclusivity?
Mutually Exclusive
- A and B together is impossible: P(A and B) = 0.
- A or B is the sum of A and B: P(A or B) = P(A) + P(B)
What is the difference between a mutually inclusive and exclusive event?
2 events are mutually exclusive when they cannot both occur simultaneously. 2 events are mutually inclusive when they can both occur simultaneously. The possible results of 1 trial of a probability experiment.
What is not mutually exclusive?
Two events are called not mutually exclusive if they have at least one outcome in common. If the two events A and B are not mutually exclusive events, then A∩B≠ϕ. Similarly, A,B and C are not mutually exclusive events if A∩B∩C≠ϕ.
What does mutually exclusive mean quizlet?
mutually exclusive definition. Two events are mutually exclusive if they cannot occur at the same time. Another word that means mutually exclusive is disjoint. If two events are disjoint, then the probability of them both occurring at the same time is 0.
What is it called when two things are mutually exclusive?
Mutually exclusive is a statistical term describing two or more events that cannot happen simultaneously. It is commonly used to describe a situation where the occurrence of one outcome supersedes the other. For example, war and peace cannot coexist at the same time. This makes them mutually exclusive.