When an Event Can't Possibly Occur, Its Probability Is

question 15

Short Answer

When an event can't possibly occur, its probability is . When an event is certain to occur, its
probability is .

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Definitions:

Accumulated Earnings

The total net income of a company retained within the business after dividends are paid, without distribution to shareholders.

Distributions

Payments made by investment funds or companies to shareholders or partners, typically from profits or asset sales.

Owners

Individuals or entities that hold the legal rights to possess, use, and dispose of an asset or property.

Share Repurchase

An initiative where a corporation repurchases its shares from the market, consequently diminishing the number of available shares and possibly raising the value of the shares still in circulation.