Probabilities Will Always Have Values That Range from 0 to 1

question 23

True/False

Probabilities will always have values that range from 0 to 1, but odds may be greater than 1.

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Definitions:

Legal Defense

Arguments and evidence presented by the defendant in a legal proceeding to justify or excuse their actions and oppose the plaintiff's or prosecutor's case.

Consideration

The benefit, interest, or value that induces a party to enter into a contract; essential for a contract to be legally binding.

Legal Value

The recognized worth or significance of something within a legal context, often relating to the enforceability of a contract or transaction.

Legal Relations

The relationships and obligations created by laws between individuals, organizations, or states.