Examlex
The terms 'stochastic' and 'deterministic' have the same meaning in quantitative analysis.
Probability Assignment
The process of assigning a numerical value between 0 and 1 to the likelihood of an event's occurrence.
Legitimate
Something that is lawful, genuine, and recognized as valid.
Favorite Colour
A personal preference for a specific hue or shade, which can vary widely between individuals.
Probability
The evaluation of the probability that an event will come to pass, conveyed by numbers 0 through 1.
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