Please explain the difference between Mutually Exclusive and Exastive event
Dhakshana Dhakshana
CFA L2
★ 18K+
25-Oct-21 11:46
468
Answers (3)
Mutually exclusive event means : Both the events will not occur at same time for example
If u toss a coin there are two outcomes Heads and tails both will not come simultaneously.There is only one chance either head or tail
Surya Prakash
CA Final
★ 19K+
25-Oct-21 12:04
Exhaustive event means there will no zero probability if there are two outcomes there will be possible of atleast one outcome.If you throw a dice there is possibility of Coming Numbers from 1 to 6 any number compulsory
