Examlex
The interest rate the Fed charges on loans to depository institutions is known as
Joint Probability
The probability that two or more events happen at the same time. It's calculated by the intersection of the events' probabilities.
Marginal Probability
The probability of an event occurring, regardless of the possible outcomes of other related events.
Posterior Probability
The probability of assigning events or hypotheses after taking into consideration relevant evidence or background information.
Nominal Data
Represents data that can be categorized but not ranked or ordered numerically.
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