Examlex
__________ analysis is the process of studying a series of ratios for a company and/or industry over time.
Assigning Probabilities
The process of determining the likelihood of various outcomes in an experiment or situation.
Equally Likely
A situation where all outcomes of an experiment or event have the same probability of occurring.
Mutually Exclusive
Characteristics of events that cannot occur at the same time within a single experiment or trial.
Sample Space
The set of all possible outcomes or results in a probability experiment.
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