which analysis technique simulates a model's outcome many times to provide a statistical distribution of the calculated results?

Answers

Answer 1

The answer is that the Monte Carlo analysis simulates a model’s outcome many times to provide a statistical distribution of the calculated results.

Now, what is  Monte Carlo analysis technique?

Monte Carlo Analysis is a risk management technique used to conduct a quantitative analysis of risks.

This mathematical technique is used to analyze the impact of risks on your project — in other words, if this risk occurs, how will it affect the schedule or the cost of the project?

So, Monte Carlo Analysis gives you a range of possible outcomes and probabilities to allow you to consider the likelihood of different scenarios.

For example, let’s say you don’t know how long your project will take. You have a rough estimate of the duration of each project task. Using this, you develop a best-case scenario (optimistic) and worst-case scenario (pessimistic) duration for each task.

You can then use Monte Carlo to analyze all the potential combinations and give you probabilities of when the project will complete.

Other major benefits of this technique is -

1. It Provides early indication of how likely you are to meet project targets.

2. Can be used to create a more real budget and schedule.

3. Predicts the likelihood of schedule .

4. Gives quantitative measure of risks to assess impacts

5. Provides objective data for decision making.

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Related Questions

what is the probability of rolling a six sided die six times and having all numbers from 1 through 6 appear once in any order?

Answers

The final answer is that the probability of rolling a six sided die six times and having all numbers from 1 through 6 appear once in any order is 1.54.

This is calculated by probability of independent events.

We know that any die can get any of the six sides and all the throws are independent, so their intersection is given by the product.

So, P(A and B occurring together )= P(A)P(B) if A and B are independent.

And the probability of the throws i.e. the no. of ways every throw gets a unique number is (6/6) x (5/6) x (4/6) x (3/6) x (2/6) x (1/6)

This is because, being the probability of independent events , they are multiplied.

so, the total probability is 6.5.4.3.2.1/6^6 = 1.54

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consider the following: the mayor of a town has proposed a plan for the annexation of a new community. a political study took a sample of 1,600 voters in the town and found that 69% of the residents favored annexation. using the data, a political strategist wants to test the claim that the percentage of residents who favor annexation is above 65%. what is the alternative hypothesis? group of answer choices

Answers

We can conclude that the mayor's plan for annexation is likely to be supported by the town's residents.

What do you mean by  Annexation?

International law defines annexation as the forcible acquisition of one state's territory by another state, typically after the possession of the region by an occupying military force. In most cases, it is considered to be unlawful.

According to the question,

We have the given data:

A political study took a sample of 1,600 voters in the town and found that 69% of the residents favored annexation.

The conclusion of the hypothesis test is that we reject the null hypothesis that the percentage of residents who favor annexation is 65% or lower. The sample data suggests that 69% of residents favor annexation and the p-value associated with the test statistic is 0.07, which is less than the significance level of 0.05.

This indicates that the data is significantly different from the null hypothesis and that the true percentage of residents who favor annexation is likely greater than 65%.

Therefore, we can conclude that the mayor's plan for annexation is likely to be supported by the town's residents.

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Given the function f(x)=7(3-x)+5 what is the answer

Answers

The answer of the function  f(x)=7(3-x)+5 is -7x + 26.

What is a function?

A function is a relationship between a number of inputs and outputs. A function is an association of inputs where each input is coupled with exactly one output. There is a range, co-domain, and domain for every function.

Given the function;

f(x)=7(3-x)+5

To simplify the function:

First, solve parenthesis,

f(x)=21 - 7x +5

Taking, constant with constant term,

f(x) = -7x + 26

Therefore, the answer is  -7x + 26.

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Need help
What criteria are necessary to prove that two triangles are congruent to one another?

Answers

Answer:

SSS, SAS, ASA, AAS

Step-by-step explanation:

s = sides

a = angle

Consider the line -8x -6y = -4.
What is the slope of a line parallel to this line?
What is the slope of a line perpendicular to this line?

Answers

Slope of the line is .[tex]\frac{-4}{3}[/tex]

Slope of the line perpendicular to the given line is [tex]\frac{3}{4}[/tex]

What is the slope of a line?

A line's steepness and direction are measured by the line's slope. Without actually using a compass, determining the slope of lines in a coordinate plane can assist in forecasting whether the lines are parallel, perpendicular, or none at all.

Any two different points on a line can be used to calculate the slope of any line. The ratio of "vertical change" to "horizontal change" between two different locations on a line is calculated using the slope of a line formula.

A line's slope is determined by how its y coordinate changes in relation to how its x coordinate changes. As opposed to the net change in the x coordinate, the net change in the y coordinate is y.

y and x are the net changes in the y and x coordinates, respectively. Therefore, it is possible to write the change in y coordinate with respect to the change in x coordinate as,

A line's slope is a measurement of how steep it is or the direction it is going in relation to a coordinate system.

where m is the slope and m = y/x

Take notice that tanФ = y/x.

This tanФ is often referred to as the line's slope.

Calculation:

The given equation is of the form [tex]ax+by=c[/tex]

On comparing we can say that a is -8 and b is -6

So using the slope formula [tex]\frac{-A}{B}[/tex] we get slope as [tex]\frac{4}{-3}[/tex]

The perpendicular line slope can be found out by equation [tex]m1.m2=-1[/tex]

Therefore substituting slope from the above as m1 we get m2 = [tex]\frac{3}{4}[/tex]

Slope of the line is .[tex]\frac{-4}{3}[/tex]

Slope of the line perpendicular to the given line is [tex]\frac{3}{4}[/tex]

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4. If a line intersects two concentric circles (circles with the same centre) with centre O at A, B, C and D, prove that AB = CD (see Fig. 10.25).​

Answers

The proof that AB = CD in the concentric circles is shown below

How to prove the equation AB = CD

From the question, we have the following parameters that can be used in our computation:

The concentric circles

This means that the circles have the same center

From the circles, we have the following congruent lines

AC = BD

Subtract BC from both sides of the equation

So, we have the following representation

AC - BC = BD - BC

Evaluate the difference

This gives

AB = CD

Hence, it is true that AB = CD

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Answer:

Hope it will help you...

due today pls help me

Answers

Answer: B

Step-by-step explanation:

A - Nope.

B - Possibility.

C. Nope. (2.23606797)

D. Nope.

When facing questions like this, it can be easier to use the process of elimination.

Select the correct answer.
Which graph represents function g?

g(x) = (-x)1/2

Answers

Answer:

Step-by-step explanation:

g(x) = (-x)1/2

Help me answer this question for a 10 on my homework

Answers

Answer:

1. 4

2. rise = 2; run = 1; slope = 2

3. y = 2x + 4

Step-by-step explanation:

1. Look at the graph. On the y-axis, the line passes through 4. The line crosses the y-axis at 4, so 4 is the y-intercept, and b = 4 in the equation y = mx + b.

2. Choose any two points on the line. I choose the y-intercept, (0, 4) and point (-1, 2).

slope = rise/run

We need to go from point (-1, 2) to point (0, 4) by only moving vertically and horizontally. Start at (-1, 2). Go up 2 units. That is a ris of 2. Now go right 1 unit to arrive at point (0, 4). that is a run of 1.

slope = rise/run = 2

3. We have b = 4, and m = 2.

y = mx + b

y = 2x + 4

Divide. Check your solutions by multiplying.
1. 409÷5

Answers

Answer:

Step-by-step explanation:

409/5 is 1/8. then 81.8 and then check by multiplying 81.8 by 5 and that equals 409.

it is known that pre-schoolers, on average, spend three hours a week on tablets. i believe that this is no longer true, and that the average time that pre-schoolers spend on tablets differs in either direction from the previously given average. i calculate a z-test statistic of 1.74. what is my statistical decision?

Answers

Retain the null because 1.74 is greater than 1.645.

What is z - test statistic?

Any statistical test for which the test statistic's distribution under the null hypothesis can be roughly represented by a normal distribution is known as a Z-test.

Z-tests examine a distribution's mean.

Let X be the average time that prescholars spend on tablets.

X ~ N(μ, α^2)

To test H0: μ = 3 hours Vs H1: μ ≠ 3 hours.

The z - test statistic is obtained as 1.74.

Taking level of significance α = 0.05

Zα/2 = [tex]Z_0_._0_2_5 = 1.96[/tex]

Since the observed z - statistic is 1.74 which is less than Zα/2 = [tex]Z_0_._0_2_5 = 1.96[/tex],

so we retain the null hypothesis.

Hence, retain the null because 1.74 is greater than 1.645.

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Complete question:

Complete question is attached below.

Number of nickels in $4.20

Answers

Answer:4

Step-by-step explanation:

Steven is a waiter. He earns $3.45 an hour plus 20% tips. One day he worked 7 hours and served meals costing $497 what were his earring? Round you answer to the nearest cent.

Answers

To find the amount he earned in 7 hours without tips, multiply 7 by $3.45 which equals $24.15

Since he’s tipped 20% for meals, you multiply .2 (20% and a decimal) by $497 which equals $99.40

Now add the sums together and you get your answer, which is $123.55

Angie is determining the volume of a box in the shape of a rectangular prism. She finds the length is 2cm more than the width and 3 cm less than the depth. Which equation can Angie use to get the volume of the box, in cubic centimeters?
A. V = w(w+2)(w+3)
B. V = w(w+2)(w+5)
C. V = w(w-2)(w-3)
D. V = (w+2)(w+5)

Answers

The volume of a box in the shape of a rectangular prism is y³ +7y² +10y cm³.

What is a rectangular Prism ?

A polyhedron with two congruent and parallel bases is known as a rectangular prism. It's also known as a cuboid.

A rectangular prism has six faces, each of which is in the shape of a rectangle and has twelve edges. It's called a prism because of its cross-section along its length.

It is given that length of the rectangular prism has length of 2 cm more than  the width and 3 cm less than the depth

Let the depth be x cm

and width be y cm

Then the length will be y+2 cm and x-3 cm

y+2 = x- 3

x = y+5

A rectangular prism is a cuboid with six faces

Volume of a rectangular prism can be written as

length * width * depth

= (y+2) *x*y

= (y+2)* (y+5)*y

= (y²+2y)(y+5)

= y³ +5y²+2y²+10y

= y³ +7y² +10y cm³

Therefore the volume of a box in the shape of a rectangular prism is y³ +7y² +10y cm³.

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Noah is baking cookies. the recipe he is using makes 48 cookies and uses 1/4 cup of sugar. How much sugar will Noah need to make 72 cookies?​

Answers

Answer: Approx. 0.375 cups of sugar

Step-by-step explanation:

1/4=0.25

0.25 cups of sugar per 48 cookies = 0.25/48= (about) 0.00520833333 per cookie

0.00520833333 cups of sugar x 72 cookes= 0.375 cups of sugar for 72 cookies

Find the values of x and z !!

Answers

The value of x and z are [tex]4^\circ, 96^\circ[/tex].

Now from the picture I can say that, [tex]\angleAOB[/tex][tex]\angle AOB[/tex] and [tex]\angleCOD[/tex][tex]\angle COD[/tex] are opposite angles.

We know the measure of the triangle are equal in Pair.

So we have got the equation as -

[tex]10x+44=13x+32[/tex]

⇒[tex]13x-10x=44-32[/tex]

⇒3x=12

⇒x=4.

We have got that the measure of [tex]\angle AOB, \angle COD[/tex] are both [tex]84^\circ[/tex].

Now angles around a point add to [tex]360^\circ[/tex].

So, [tex]\angle AOD[/tex] and [tex]\angle BOC[/tex] are equal since they are pairwaite wisw.

Now, [tex]z+z= 360^\circ - (84^\circ+84^\circ)[/tex]

⇒[tex]2z=192^\circ[/tex]

⇒ [tex]z=96^\circ[/tex],

Hence we have got the value of x and z i.e. 4 and 96.

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One group of carolers goes to every 6th house in a neighborhood, another goes to every 8th house. At which house will they first meet?

Answers

The house that they will first meet if a group of carolers goes to every 6th house in a neighborhood, another goes to every 8th house is the 24th house.

How to calculate the multiple?

The smallest positive integer that is divisible by both a and b is known as the least common multiple, lowest common multiple, or smallest common multiple of two integers, or lcm(a, b), in mathematics and number theory. Since the result of dividing an integer by zero is undefinable, this definition only applies if both a and b are not equal to zero.

Before fractions can be added, subtracted, or compared, the "lowest common denominator" can be employed.

From the information, a group of carolers goes to every 6th house in a neighborhood, another goes to every 8th house.

It should be noted that this will be illustrated through tye lowest common multiple.

Multiples of 6 = 6, 12, 18, 24

Multiples of 8 = 8, 16, 24

Therefore, they'll meet at the 24th house.

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according to the information that comes with a certain prescription drug, when taking this drug, there is a 20% chance of experiencing nausea (n) and a 45% chance of experiencing decreased sexual drive (d). the information also states that there is a 14% chance of experiencing both side effects. what is the probability of experiencing only nausea?

Answers

The probability of experiencing only nausea is 0.06.

Using Venn Probabilities, it is found that there is a 0.45 = 45% probability of experiencing neither of the side effects.

What is a Venn probability?

In a Venn probability, two non-independent events are related with each other, as are their probabilities.

The "or probability" is given by:

P(N∪D) = P(N) + P(D) - P(N∩D)

In this problem, the probabilities given are:

P(N)= 0.2 , P(D)= 0.45 , P(N∩D) = 0.14

The "at least one" probability is:

P(N∪D) = 0.20 + 0.45 - 0.14 = 0.51

Hence, the "neither" probability is:

1 - P(N∩D) = 1 - 0.51 = 0.49

The probability of experiencing only nausea = P(nausea) - P(both side effects)

                                                                           =0.20 - 0.14

                                                                            =0.06

0.49 = 49% probability of experiencing neither of the side effects.

The probability of experiencing only nausea is 0.06.

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Write a paragraph that explains how you solved the equation 4(t + 25) = 4(t + 50) - 4(0.15t). You may include equations as part of your explanation, but be sure to use correct math terminology and write in complete sentences.

Answers

The equation 4(t + 25) = 4(t + 50) - 4(0.15t) can be solved as explained below to determine the value of t, which is t = 166.67.

How to Solve an Equation?

If we are given the equation, 4(t + 25) = 4(t + 50) - 4(0.15t), to find the value of the variable t, follow the steps explained below.

4(t + 25) = 4(t + 50) - 4(0.15t) [given]

Open the parentheses by applying the distributive property:

4t + 100 = 4t + 200 - 0.6t

Combine like terms:

4t + 100 = 3.4t + 200

4t - 3.4t = -100 + 200

0.6t = 100

Divide both sides by 0.6

0.6t/0.6 = 100/0.6

t = 166.67

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The fuel for a chain saw is a mix of oil and gasoline. The ratio of ounces of oil to gallons of gasoline is 6:19. There are 57 gallons of gasoline. How many ounces of oil are there?

2 ounces

18 ounces

24 ounces

180.5 ounces

Answers

According to the specified ratio , we obtain The gasoline contains 18 ounces of oil.

What's does ratio mean?The number, volume, or size difference between two or more items is known as their proportion.We got the word "ratio" directly from the Latin word, which is also called "suitable ratio." The mathematics and English ratios were derived from the Latin ratio, which had multiple meanings, ranging from "reason" to "calculation" to "proportion."Ratios contrast two figures by ordinarily dividing them. A/B would be your formula if you were comparing one data point (A) to another data point (B). This indicates that you are multiplying information A by information B. For instance, your ratio will be 5/10 if A is 5 and B is 10.

The fuel for a chain saw is a mix of oil and gasoline.

The ratio of ounces of oil to gallons of gasoline is 6:19.

So oil : gas = 6:19

There are 57 gallons of gasoline

⇒ oil : gas = 6:19

Let there are x gallons of ounces of oil

So x : 57 = 6:19

Convert ratio to fraction

⇒ x/57 = 6/19

Multiply both sides by 57

⇒ x = (6/19)57

⇒ x = 18

Hence, there are 18  ounces of oil in the fuel.

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Which of the following equations has a different value of x than the others?(1 point
x + 9/8 = 7/4

x − 7/8 = −3/2

x + 0.875 = 1.5

x − 0.025 = 0.6

Answers

Answer: The equation [tex]x-7/8=-3/2[/tex] has a different value of x than the others. The value of x here is -0.625, while in all the other equations, the value of x is 0.625.

Step-by-step explanation: Simplifying the equation [tex]x+9/8=7/4[/tex], we get:

[tex]x=7/4-9/8[/tex]

[tex]x=0.625[/tex]

Simplifying the equation [tex]x-7/8=-3/2[/tex],  we get:

[tex]x=-3/2+7/8[/tex]

[tex]x=-0.625[/tex]

Simplifying the equation [tex]x+0.875=1.5[/tex], we get:

[tex]x=1.5-0.875[/tex]

[tex]x=0.625[/tex]

Simplifying the equation [tex]x-0.025=0.6[/tex], we get:

[tex]x=0.6+0.025[/tex]

[tex]x=0.625[/tex]

Therefore, [tex]x+9/8=7/4[/tex] has a different value of x than the others.

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The cost (c) to paint a building varies directly with the area of the surface being painted (a) in square feet. It costs $3,000 to paint a room with a surface area of 1,500 square feet. Determine an equation that gives the relationship between c and a.

Answers

The equation that gives the relationship between cost (c) and area (a) is c = 2a

How to determine an equation that gives the relationship between cost and area?

A variation is a relation between a set of values of one variable and a set of values of other variables

Given that: the cost (c) to paint a building varies directly with the area of the surface being painted (a) in square feet

We can write:

c α a

c = ka

where k is the constant of proportionality

since c = $3,000 and a = 1500

c = ka

3000 = 1500k

k = 3000/1500

k = 2

Thus, the equation of the relationship is c = 2a

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(Find LCM of) :
ax² - (a² + ab)x+ a²b,
bx² - (b² + bc)x+ b²c and
cx² - (c² + ac)x + c²a​

Answers

Answer:

Here is answer

Step-by-step explanation:

To find the least common multiple (LCM) of three polynomials, we need to find the smallest polynomial that is divisible by all three of them.

Let's start by factoring each of the given polynomials:

ax² - (a² + ab)x+ a²b = a(x - b)x

bx² - (b² + bc)x+ b²c = b(x - c)x

cx² - (c² + ac)x + c²a = c(x - a)x

The LCM of these three polynomials is the smallest polynomial that is divisible by all three of them. In this case, the smallest such polynomial is (x - a)(x - b)(x - c)x. This is because it is divisible by each of the given polynomials and no smaller polynomial is divisible by all three of them.

Therefore, the LCM of the given polynomials is (x - a)(x - b)(x - c)x.

A cylindrical dog feeder is 18 inches tall and has a diameter of 8 inches if the feeder is currently half full, how much more food can be poured into the feeder? Use 22/7 for pie and round to the nearest cubic inch.

Answers

453 cubic units of food is poured to the cylindrical dog feeder of 18 inches tall and has a diameter of 8 inches.

What is Three dimensional shape?

a three dimensional shape can be defined as a solid figure or an object or shape that has three dimensions—length, width, and height.

Given that the cylindrical dog feeder is 18 inches tall and  has a diameter of 8 inches

height is 18 inches

Diameter=8 inches

Radius =4 inches

The feeder is currently half full, how much more food can be poured into the feeder.

We know that volume of a cylinder is V=πr²h

Substitute the values of r and h in the given formula.

V=22/7(4)²×18

=22×16×18/7

=6336/7

=905.142.

As the feeder is currently half full, so let divide the volume by 2.

905.142/2

=452.5

=453

Hence, 453 cubic units more food is need or poured into the feeder.

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50 POINTS!!! Which graph represents this system? y = 3. x + y = 4. Which graph represents this system? y = 3. x + y = 4. On a coordinate plane, a vertical line is at x = 3 and another line goes through (0, 4) and (3, 7). On a coordinate plane, a horizontal line is at y = 3 and another line goes through (0, 4) and (2, 6). On a coordinate plane, a vertical line is at x = 3 and another line goes through (0, 4) and (4, 0). On a coordinate plane, a horizontal line is at y = 3 and another line goes through (0, 4) and (4, 0).

Answers

For a system with equations y = f(x) and y = g(x), the graph of the system will be just a coordinate plane with the two functions graphed on it.

What is functions graphed?

What Does Graphing Functions Mean? Drawing the curve that represents a function on a coordinate plane is known as graphing a function. Every point on the curve will satisfy the function equation if the curve (or graph) represents the function. As an illustration, the graph below depicts the linear function f(x) = -x+ 2.

From this, we can see that the correct option is the first one:

"On a coordinate plane, a horizontal line is at y = 3 and another line goes through (0, 4) and (4, 0)."

Also a graph of the system can be seen at the end of this answer.

Here our system is:

y = 3

x + y = 4

The first one is a horizontal line at y = 3.

The second can be rewritten as:

y =  -x + 4

So this is a line with a negative slope, that passes through the points (0, 4) (when you evaluate in x = 0, you get y = 4) and (4, 0) (when you evaluate in x = 4, you get y = 0)

Then the correct option is the first one:

"On a coordinate plane, a horizontal line is at y = 3 and another line goes through (0, 4) and (4, 0)."

The graph can be seen below

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7. Olivia purchases gifts for her mom and
grandma
for Mother's Day. The first is a pair of
sunglasses for $16.35 and the second is a
bracelet. Her total is $39.75. How much did she
spend on the bracelet?

Answers

Answer: $23.40

Step-by-step explanation:

To find out how much Olivia spent on the bracelet, we need to subtract the cost of the sunglasses from the total amount spent. In this case, that would be $39.75 - $16.35 = $<<39.75-16.35=23.40>>23.40. Therefore, Olivia spent $23.40 on the bracelet.

The original selling price was $171.59. The sale proteas $148.37. What is the first step in finding the percent markdown? Find the percent markdown

Answers

The original price is $171.59 and the price during sales is $148.37 then the percent markdown will be 13.53%.

What is the Percentage?

The Latin phrase "per centum," which means "by the hundred," is where the English word "percentage" comes from. Percentage segments are those with a numerator of 100. In other words, it is a connection where the whole is always deemed to be valued 100.

As per the given information in the question,

Original selling price = $171.59

Price during sales = $148.37

Then, the percentage markdown will be,

% markdown = (171.59 - 148.37)/171.59 × 100

= 23.22/171.59 × 100

% markdown = 13.53%

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Evaluate. Remember Order of
Operations! (PEMDAS)
8 x 3²- (14+ 6) = [?]

Answers

The answer: 52
8 x 9 -14 -6
72 -20
52

Answer:

52

Step-by-step explanation:

Order of Operations says to do Parenthesis first, then exponents.

8 x 3²- (14+ 6)

= 8 x 3²- (20)

= 8 × 9 - 20

Then multiply before subtracting in this question.

= 72 - 20

= 52

Please help meee !!!!???

Answers

Answer: 19 feet

Step-by-step explanation:

The area, 266, divided by the width, 14, equals to 19 feet.

closed-ended measures should provide response categories that are mutually exclusive and exhaustive. group of answer choices true false

Answers

It is true that qualitative variable categories must be mutually exclusive and exhaustive as a whole.

It has been observed that when two occurrences are mutually exclusive, they cannot take place simultaneously. However, it need not entail that one of the two occurrences must take place. As a result, when two events are exhaustive of one another, one of them is said to occur.

It signifies that two occurrences cannot happen at the same moment if they are mutually exclusive. However, it doesn't entail that one of the two events must take place. If two occurrences are mutually exclusive, then one of them must take place.

The categories (answer possibilities) must, in the first place, be mutually exclusive, which means they cannot overlap. In order to give all alternatives that might make up a response list, survey answer options must be collectively thorough.

For instance, the act of flipping a coin is said to be both mutually exclusive and collectively exhaustive. Either heads or tails must result in this situation. These are variables, then.

Therefore,

It is true that qualitative variable categories must be mutually exclusive and exhaustive as a whole.  

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