Examlex
Which of the following statements is true regarding preventive control procedures and detective control procedures?
Probability
Probability is a measure of the likelihood that a particular event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
Poisson Approximation
A mathematical method for estimating the likelihood of a certain number of occurrences taking place within a set time period.
Uniform Density
A type of distribution in which all outcomes are equally likely within a specified range, characterized by a constant probability density function.
Probability
A measure of the likelihood that a particular event will occur, expressed as a number between 0 and 1.
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