What is a mutually exclusive investment?
Mutually exclusive investments are a set of prospective capital investments, where the selection of one investment automatically excludes the other projects from being funded.
What is mutually exclusive decision?
What Is Mutually Exclusive? Mutually exclusive is a statistical term describing two or more events that cannot happen simultaneously. It is commonly used to describe a situation where the occurrence of one outcome supersedes the other.
Why are investment projects mutually exclusive?
Mutually Exclusive Projects is the term which is used generally in the capital budgeting process where the companies choose a single project on the basis of certain parameters out of the set of the projects where acceptance of one project will lead to rejection of the other projects.
How do you choose between mutually exclusive projects?
Mutually exclusive projects: If the NPV of one project is greater than the NPV of the other project, accept the project with the higher NPV. If both projects have a negative NPV, reject both projects.
What is mutually exclusive examples?
Mutually exclusive events are events that can not happen at the same time. Examples include: right and left hand turns, even and odd numbers on a die, winning and losing a game, or running and walking.
What is another term for mutually exclusive?
contrary, diametric. (or diametrical), opposing, opposite.
What is the difference between independent and mutually exclusive investment?
An independent event is termed as an event that occurs without being affected by other events.
…
| Difference between Mutually exclusive and independent events | |
|---|---|
| The non-occurrence of an event will end up in the occurrence of an event. | There is no influence of an occurrence with another and they are independent of each other. |
What is another word for mutually exclusive?
What is another word for mutually exclusive?
| incompatible | conflicting |
|---|---|
| irreconcilable | antithetical |
| disjoint | at variance |
| at odds | mutually incompatible |
| contrary | different |
What is the difference between mutually exclusive and non mutually exclusive?
Mutually exclusive events are events that can not happen at the same time. Examples include: right and left hand turns, even and odd numbers on a die, winning and losing a game, or running and walking. Non-mutually exclusive events are events that can happen at the same time.
What’s the opposite of mutually exclusive?
How do you prove mutually exclusive?
How to find if two events are mutually exclusive? If two events are mutually exclusive then the probability of both the events occurring at the same time is equal to zero. P(A and B) = 0.
What’s another term for mutually exclusive?
What does it mean if something is not mutually exclusive?
phrase. If two things are mutually exclusive, they are separate and very different from each other, so that it is impossible for them to exist or happen together.
What’s another word for mutually exclusive?
What does it mean when something is not mutually exclusive?
What is a mutually exclusive example?
In statistics and probability theory, two events are mutually exclusive if they cannot occur at the same time. The simplest example of mutually exclusive events is a coin toss. A tossed coin outcome can be either head or tails, but both outcomes cannot occur simultaneously.