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Two dice (one red and one green) are rolled, and the numbers that face up are observed. Test the pair of events for independence.
A: Neither die is 3; B: Exactly one die is 4.
A and B are __________ (dependent or independent).
Monitoring Employees
The process of overseeing employees' work activities and performance, often through the use of technology or other means.
Asymmetric Information
A situation in which one party in a transaction has more or superior information compared to another.
Prevalent
Widespread in a particular area at a particular time; commonly occurring or accepted.
Moral Hazard
A situation where one party is more likely to take risks because another party bears the cost of those risks.
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