Examlex
What is disinflation?
Classical Method
A traditional approach in statistical hypothesis testing where conclusions are drawn based on probability calculations and assumptions.
Probability
A notation of the chances an event will transpire, marked on a scale from 0 to 1.
Independent Events
Multiple events where the happening of one does not influence the likelihood of the other events happening.
P(A ∩ B)
P(A ∩ B) denotes the probability of the intersection of events A and B, meaning the probability that both A and B occur.
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