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Marigold Servers, a web services firm, has experienced a 7% decline in revenues in consecutive quarters. In an effort to reduce operating costs, managers reduced the customer service staff from 12 employees to 6. Management also enlisted the remaining employees to help produce a new company vision: to give customers of all budgets a customizable, stress-free web hosting experience. What is wrong with this scenario?
P(A|B)
The likelihood of event A happening, provided that event B has already taken place, signifying a conditional probability.
Disjoint Events
Disjoint events are two or more events that cannot occur simultaneously, indicating there is no overlap in their outcomes.
Nonzero Probabilities
This implies that events or outcomes have a likelihood greater than zero of occurring.
Disjoint Events
Two events that cannot occur at the same time, implying they have no outcomes in common.
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