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If Events a and B Are Statistically Independent,then the Probability

question 158

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If events A and B are statistically independent,then the probability of their intersection is equal to the probability of event A multiplied by the probability of event B.


Definitions:

Venture Capitalism

The practice of investing in early-stage companies with strong growth potential in exchange for equity stakes.

Equity Stake

An ownership interest in a company through the holding of its stock, indicating a financial share in the entity's assets and profits.

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An economic system where individuals are encouraged to start and grow their own businesses, often leading to innovation and economic growth.

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A form of business ownership where a single individual owns and runs the business, bearing full responsibility for its assets and liabilities.

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