Examlex
The purpose of antitrust policy is to prevent the exercise of monopoly power.
Posterior Probabilities
Revised probabilities of events based on additional information.
Independent Events
Two events A and B where P(A ∣ B) = P(A) or P(B ∣ A) = P(B); that is, the events have no influence on each other.
Probabilities
The quantification of an event's occurrence likelihood, represented as a figure from 0 to 1.
Intersection
The set that contains all elements that are common to two or more sets.
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