If P(A)= 30,P(B)=

question 61

True/False

If P(A)= .30,P(B)= .60,and P(A and B)= .20,then P(A|B)= .40.

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Definitions:

Franchising Revenue Model

A business strategy where a company grants third parties the rights to operate using its brand, system, and ongoing support, in exchange for a fee or a percentage of the revenue.

Operational Support

Assistance provided to ensure the smooth functioning and maintenance of daily operations within an organization.

Company Name

The legally registered title under which a corporation operates its business.

Direct Cross-Subsidies

A financial practice where the revenue from one product or service directly supports another within the same company, often to maintain competitive pricing or support strategic objectives.