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In the U.S. ,men are twice as likely as women to start their own business.
Joint Probability
The likelihood of two or more events occurring at the same time in a probabilistic framework.
Independent
In statistics, refers to variables or events that are not affected by other variables or events within the scope of the analysis.
Mutually Exclusive
Describes events that cannot occur at the same time, meaning the occurrence of one event excludes the occurrence of another.
Conditional Probability
The probability of an event occurring given that another event has already occurred, often calculated to take into account prior knowledge.
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