The Sum of All the Probabilities of Simple Events in a Sample

question 60

True/False

The sum of all the probabilities of simple events in a sample space equals one.

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Definitions:

Angel Investment

Funding provided by affluent individuals to startups at early stages in exchange for equity or ownership stake.

Skunkworks

A project developed by a small and often informal team within an organization, focusing on radical innovation.

Commercial Project

A project undertaken by a business or company aimed at generating profit through the development or improvement of a product or service.