Interpret a Probability of 0

question 43

Essay

Interpret a probability of 0.002 of an event occurring in terms of odds (one in some value, such as 1/10)and being a significant or not a significant event.

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Definitions:

Retained Earnings

Profits that a company has earned to date, less any dividends or other distributions paid to shareholders, often reinvested into the business.

Repurchase Shares

the act of a company buying back its own shares from the marketplace, reducing the amount of outstanding stock.

Corporate Board

A body of persons chosen by stockholders to supervise and make key decisions for a company's management.

Policy

A deliberate system of principles to guide decisions and achieve rational outcomes, often enacted by an organization or government.