Examlex
Franchising is seldom used to move into foreign markets.
Provincial Lottery
A gambling game managed at the provincial level where players buy tickets for a chance to win prizes based on drawn numbers.
Draw
In the context of games or competitions, it refers to a contest ending without a winner or in a tie; in art, it means to produce an image using pencils, pens, or other tools.
Conjunction Fallacy
A logical error where individuals incorrectly believe that specific conditions are more probable than a single general one.
Probabilities
The measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates an impossibility and 1 indicates certainty.
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