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Portugal's Initial Goal in Exploring the West Coast of Africa

question 2

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Portugal's initial goal in exploring the west coast of Africa was to gain access to the slave trade.


Definitions:

Probabilities

Measures the likelihood or chance of various outcomes in a set of circumstances or an experiment.

Probability Mass Function

A mathematical operation that determines the likelihood that a specific discrete random variable matches a particular value exactly.

Outcome

The result or final consequence of a sequence of actions or events.

Incremental Costs

Incremental costs are the additional costs that are incurred from producing an additional unit of product or making a decision.

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