Examlex
The law of mortgages comes from:
Marginal Probabilities
The probability distribution of the random variables individually, without regard to any possible correlations between them.
Conditional Probabilities
The likelihood that an event will happen, given the precondition of another event's occurrence.
Joint Probabilities
The likelihood of two occurrences taking place simultaneously.
Marginal Probabilities
The probability of a single event occurring, irrespective of the outcomes of other variables.
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