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Bugos Corporation is a service company that measures its output by the number of customers served.The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. When the company prepared its planning budget at the beginning of March,it assumed that 40 customers would have been served.
The amount shown for "Employee salaries and wages" in the planning budget for March would have been closest to:
P(A ∪ B)
The chance that either event A or event B, or both, will happen.
P(B | A)
The probability of event B occurring given that event A has already occurred, representing a conditional probability.
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The remaining candidates in a competition or selection process who have passed through preliminary rounds and are considered for the final award or decision.
First And Second
Terms denoting the sequential order of events, items, phases, conditions, or priorities.
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