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Figure 2-8
-Refer to Figure 2-8,Panel (a) .The movement from point M to point K could be caused by
Probability Values
Numerical measures indicating the likelihood of a specific event occurring, ranging between 0 and 1.
Penny Tossed
An experiment often used to explain basic concepts of probability, usually involving the outcomes of flipping a coin.
Probability Values
Numerical measures ranging from 0 to 1, representing the likelihood or chance of a specific event occurring.
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