Examlex
The most popular approach to incorporating the investment base into a performance measure is
Mutually Exclusive
Refers to events that cannot occur at the same time in probability theory; the occurrence of one event means the other cannot happen.
P(A ∪ B)
The probability that at least one of two events A or B occurs.
Independent Events
Two or more events whose outcomes do not affect each other.
P(A ∪ B)
Represents the probability of the occurrence of at least one of two events A or B.
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