Final answer:
Living in student housing within five miles of the campus and receiving financial aid are not mutually exclusive events, as a student can experience both simultaneously.
Step-by-step explanation:
To determine whether living in student housing within five miles of the campus and receiving some kind of financial aid are mutually exclusive events, one must understand the definition of mutually exclusive. Two events are mutually exclusive if the occurrence of one event means that the other cannot occur at the same time.
In this scenario, living in student housing within five miles of the campus and receiving financial aid are not inherently mutually exclusive. A student could very well live within the specified distance and also be a recipient of financial aid. Therefore, the answer to the question is:
B. No
These two conditions can happen at the same time and thus are not mutually exclusive.