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Discuss the Range of Possible Values for Probabilities

question 29

Essay

Discuss the range of possible values for probabilities. Give examples to support this


Definitions:

Irregular

Not following usual rules, patterns, or processes; deviating from what is normal or expected.

Lien

A legal claim or right against a property as security for payment of a debt or obligation.

Statutory

Related to, or created by, statutes, which are laws enacted by a legislative body.

Mechanic's Lien

A legal claim against a property for unpaid work or supplies, giving workers and suppliers a form of security for their investment.

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