Examlex
The law of probability that is used to calculate conditional probability is called ________.
Economic Analysis
The systematic study and examination of economic data or policies to understand or evaluate their impact on the economy.
Association
A group of people linked by a common purpose or interest, often formed to carry out a specific activity or to advocate for a cause.
Causation
The relationship between cause and effect, where one event (the cause) directly leads to another event (the effect).
Ceteris Paribus
A Latin phrase meaning "all other things being equal," used in economics to isolate the effect of one variable on another by holding all other relevant factors constant.
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