Examlex
Uber and PayPal used similar strategies when trying to jumpstart network effects that were vital in creating their dominance. What did each do?
P(A / B)
A conditional probability representing the likelihood of event A occurring given that B has occurred.
Complement
The subset of outcomes in the universal set that are not in the specified event, often used in probability.
Mutually Exclusive
Events that cannot occur at the same time, implying no overlap between outcomes.
Dependent Events
Events whose probability of occurring is influenced by the occurrence of another event.
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