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The total number of a company's issued shares of a stock,multiplied by the price per share,gives the company's
Posterior Probabilities
Posterior probabilities are the revised probabilities of events occurring after taking into consideration new evidence or information.
P(A ∪ B)
The probability that at least one of two events, A or B, occurs, including the possibility that both events occur simultaneously.
P(A | B)
Conditional Probability of A given B, representing the probability of event A occurring given that event B is known to occur.
Independent Events
Two or more events where the occurrence or outcome of one event does not affect the occurrence or outcome of the other event(s), a fundamental concept in probability.
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