In our discussions of basic probability theory the concepts of mutually exclusive events and independent events share prominent roles. Please explain these concepts and in particular address the question: can two events be both mutually exclusive and independent at the same time? Explain your answer. Your response should be concise…one page or less.

8130677 SolutionMutually exclusive eventsTwo events are said to be mutually exclusive if the occurrence of them excludes(or prevents) the possibility of the occurrence of the other .Two mutually…