Examlex
It is the number of domestic rivals,intensity of the competition,as well as the quality of the competitors that make the difference.
Conditional Probability
The conditional probability of an event happening after it's established that another event has occurred.
P(B|A)
The likelihood that event B happens after event A has already taken place.
Mutually Exclusive
Two events that cannot happen at the same time, meaning the occurrence of one event means the other cannot occur.
P(A)
The probability of an event A occurring in a given statistical experiment or context.
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