Examlex
The "net realizable value" of an asset is what it can be sold for, ignoring any transaction costs.
Simple Events
Events that cannot be broken down any further into simpler components in the context of probability.
Probabilities
The measure of the likelihood that an event will occur, often quantified as a number between 0 and 1.
Simple Events
An event in probability that consists of only one outcome or occurrence and cannot be broken down further.
Probabilities
The likelihood or chance that a particular event will occur, expressed as a number between 0 and 1.
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