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A financial manager made tw ments-one in the oil industry and one in municipal bonds. After a one-year p uccessful. Consider the making of the

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A financial manager made tw ments-one in the oil industry and one in municipal bonds. After a one-year p uccessful. Consider the making of the two in a. How many sample points exist for this experiment? b. Choose a tree diagram. Let S - successful U - unsuccessful Oil Bond m am Bond m oil Bond m c. Let O . the event that the oil industry investment is successful and M - the event that the municipal bond investme How many sample points exist for O How many sample points exist for M? 2 d. Identify the sample points in the union of the events (O UM). E1, EZ, E3 V e. Identify the sample points in the Intersection of the events (On M). E1. EZ, 83 V T. Are events O and M mutually exclusive? Explain. Yes, because of E1 0- Icon Key Exercise 04.47 (Events and Their Probabilities)

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