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Joe received an email about getting a 50 percent payroll increase this year.He had been expecting this moment for eight months.Ironically,he went back to his normal life in just one day.Joe's reaction could best be explained by the
Collectively Exhaustive
A term used to describe a set of events that covers all possible outcomes of an experiment.
P(A)
The probability of event A occurring in a given sample space, representing the likelihood of a specific outcome.
Collectively Exhaustive
A condition where all possible outcomes or cases are considered together, covering every eventuality.
Probability
A measure of the likelihood of a given event occurring, often expressed as a number between 0 and 1.
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