Two events A and B are said to be mutually exclusive if: MCQ with Answer and Explanation

Question
Two events A and B are said to be mutually exclusive if:
A. P(A ∩ B) = P(A) × P(B)
B. P(A|B) = P(A)
C. P(A ∪ B) = 1
D. P(A ∩ B) = 0
Answer: Option D
Solution (By JKSSB Mock Tests)
Mutually exclusive events cannot occur simultaneously, meaning their intersection is the empty set (probability is zero).
This question belongs to: Accountancy and Statistics Statistics
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Correct Answer: Option C

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CPI measures average price changes paid by consumers for a basket of goods and services, directly indicating inflation's impact on household purchasing power and cost of living.
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