The Process of Using a Third Party to Settle a Dispute

question 159

True/False

The process of using a third party to settle a dispute is called mediation.

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Definitions:

P(B|A)

The likelihood that event B happens after event A has already taken place.

Mutually Exclusive

Two events that cannot happen at the same time, meaning the occurrence of one event means the other cannot occur.

P(A)

The probability of an event A occurring in a given statistical experiment or context.

P(B)

P(B) denotes the probability of an event B occurring in the context of probability theory and statistics.