Final answer:
Living in student housing within five miles of campus and receiving financial aid are not mutually exclusive; students can experience both simultaneously.
Step-by-step explanation:
The question regarding whether living in student housing within five miles of the campus and receiving financial aid are mutually exclusive can be approached by understanding the concept of mutual exclusivity. In general, two events are mutually exclusive if the occurrence of one event means the other cannot occur. However, there is nothing inherent about living in student housing near campus that would prevent a student from also receiving financial aid. Therefore, the answer to whether these two situations are mutually exclusive is B. No. Students can both live within close proximity to their campus in student housing and receive financial aid simultaneously.