Examlex
Find the probability for the experiment of drawing two marbles (without replacement) from a bag containing 2 green, 6 yellow and 3 red marbles such that both marbles are yellow.
Objective Criteria
Objective criteria are unbiased standards used to measure or evaluate something.
Subjective Criteria
Standards or principles based on personal feelings, tastes, or opinions rather than objective measures.
BATNA
Stands for Best Alternative To a Negotiated Agreement, the course of action that will be taken by a party engaged in negotiation if the current negotiations fail and an agreement cannot be reached.
Negotiating Party
A negotiating party refers to an individual or group involved in discussions aimed at reaching an agreement or compromise on specific matters.
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