jquery get selected dropdownlist text
<p>Hi How can i get the selected text on a dropdowm, ive seen examples of how to do eg 
$('select option:selected').text() </p>

<p>but looking at my code below, how can i modify it to work as the line</p>

<pre><code>    alert($(this).parent().text());
</code></pre>

<p>gets all the list items as opposed to selected text</p>

<p>$(document).ready(function () {</p>

<pre><code>$('.mutuallyexclusive').live("click", function () {

    checkedState = $(this).attr('checked');
    $('.mutuallyexclusive:checked').each(function () {
        $(this).attr('checked', false);
    });
    $(this).attr('checked', checkedState);

    alert($(this).parent().text());
});
</code></pre>

<p>}); </p>
