Examlex
Describe two types of common financial fraud.
Probability
The likelihood or chance of an event occurring, ranging from 0 (impossibility) to 1 (certainty).
Given Information
Any data, facts, instructions, or starting points provided as the basis for understanding or making decisions.
P(A / B)
A conditional probability representing the likelihood of event A occurring given that B has occurred.
Complement
The subset of outcomes in the universal set that are not in the specified event, often used in probability.
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