What does "mutually inclusive" mean?


Mutually inclusive events are events that occur at the same time. This concept is useful in statistic to explain the probability of two or more events taking place at the same time.
Q&A Related to "What does "mutually inclusive" mean?"
The concept of a mutually inclusive event is used in statistics to explain the probability of two events happening at the same time. It explains the possibility, for example, of a
Any two events in which one cannot happen without the other.
0.25. The events are mutually exclusive, thus if A happens, you know that B did not happen. Therefore probability of B is completely irrelevant to the calculation. If A did not happen
1 Additional Answer
Ask.com Answer for: what is a mutually inclusive events
What Is a Mutually Inclusive Event?
A mutually inclusive event is one that can happen at the same time another occurs. Although this term is rooted in mathematics, it does have a place in other fields. In finance, for example, mutually inclusive events are business decisions in which one... More »
Difficulty: Easy
Source: www.ehow.com
Explore this Topic
In statistics, the closest antonym of "mutually exclusive" is "overlapping." Two events are said to be mutually exclusive if they do not share ...
In probability, disjoint events are mutually exclusive, meaning that if one of the possible disjoint events occurs, the other cannot occur. For example, when a ...
About -  Privacy -  Careers -  Ask Blog -  Mobile -  Help -  Feedback  -  Sitemap  © 2014 Ask.com