Examlex
Define span of management, and explain if there is an ideal span of management.
Independent Events
Independent events are two or more events whose outcomes do not influence each other, meaning the occurrence of one event does not affect the probability of the other.
Mutually Exclusive Events
Two or more events that cannot occur at the same time in any given experiment or real-life situation.
Conditional Probability
The probability of one event occurring with some relationship to one or more other events.
Conditional Probability
The probability of an event occurring given that another event has already occurred.
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