In the Language of Probability Theory,the Act of Flipping a Coin

question 47

True/False

In the language of probability theory,the act of flipping a coin is called an event and each unique outcome is called a trial.

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Definitions:

Retained Earnings

The portion of net income that is not distributed to shareholders but instead is reinvested in the business or used to pay off debt.

Net Income

The final profit figure for a company, arrived at by subtracting all operational costs and taxes from its total revenue.

Dividends

Funds distributed by a company to its shareholders, typically from the company's earnings.