Mathematically, Probability May Be Defined as ______

question 33

Multiple Choice

Mathematically, probability may be defined as ______.

• A) the number of ways an outcome may occur divided by the total number of possible outcomes
• B) the total number of possible outcomes minus the number of ways a particular outcome may occur
• C) the likelihood of rejecting the null hypothesis
• D) the number of ways an outcome may occur

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Definitions:

Negotiable Instrument

A written document signed by a person who makes an unconditional promise to pay a specific sum of money on demand or at a certain time to the holder of the instrument; an acceptable medium for exchanging value from one person to another.

Criminally Liable

The state of being legally responsible for the commission of a crime, subjecting the individual to criminal prosecution and penalties.

Corporate Officer

An executive or manager who holds a position of authority in a corporation, typically appointed by the board of directors.

Hostile Takeovers

Hostile takeovers are attempts by one company to acquire control of another company against the wishes of the target company's management and board of directors.