Examlex
A helping relationship where one hires a management consultant is known as:
Sample Point
An individual element or possible outcome in a sample space, representing a possible result of an experiment or trial.
Population
A complete set of items or individuals with at least one common characteristic, used in statistics for analysis and inference.
Multiplication Law
A probability law used to compute the probability of the intersection of two events. It is P(A ∩ B) = P(B)P(A ∣ B) or P(A ∩ B) = P(A)P(B ∣ A). For independent events it reduces to P(A ∩ B) = P(A)P(B).
Mutually Exclusive
Events that cannot occur at the same time; the occurrence of one event excludes the possibility of the other event(s).
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