Examlex
The design of a customer benefit package (CBP) focuses on the operational choices that the firm must make in order to provide the CBP.
Odds
A measure of the likelihood of a specific outcome in an event, often used in gambling and statistics.
Probability
The extent to which an event is likely to occur, measured by the ratio of the favorable cases to the whole number of cases possible.
Probability
A measure of the likelihood that an event will occur, expressed as a number between 0 and 1.
Probability
A measure or estimation of how likely it is that an event will occur, expressed as a number between 0 and 1.
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