Examlex
Which type of business organization has all the respective rights and privileges of a legal person?
Probability
A measure of the likelihood of a specific event or outcome occurring, often expressed as a ratio or percentage.
Random Variable
A variable whose possible values are numerical outcomes of a random phenomenon.
Different Values
The variation in importance, worth, or usefulness that individuals or societies attach to various factors or actions.
Expected Value
A calculation reflecting the average expected outcome of a probabilistic event, considering all possible outcomes weighted by their chances of occurrence.
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