When are the Addition and Multiplication Rules of Probability applicable?
- Both are used for mutually exclusive events
- Only for dependent events
- Only for independent events
- The Addition Rule is for mutually exclusive events and the Multiplication Rule is for independent events
The Addition Rule is applicable when calculating the probability of the occurrence of at least one of two mutually exclusive events, while the Multiplication Rule is used to calculate the probability of two independent events both occurring.
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