Examlex
Explain how a company frequency program might work.
Probability
The measure of the likelihood that an event will occur, quantified as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
Probability
An evaluation of the chance an event has to take place, using a scale from 0 to 1.
Probability Distribution
A mathematical function that describes the likelihood of obtaining the possible values that a random variable can assume.
Owns More Than One
Refers to an individual or entity possessing more than one of something, suggesting multiple ownerships.
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