Knowledge is a bit rusty (took a module in Uni) but I'll try to answer.
A mixed state is that which is a linear combination of pure states e.g. a|0> + b|1>
What determines an entangled state is that qubit values will correlate exactly with each other. |00> + |11> would be an example of an entangled state as measuring one qubit determines the value of the other with certainty. If you measure |0> for the first qubit, the second will definitely be |0> and vice versa.
They are also not mutually exclusive as mixed entangled states exist.