Examlex
Team leaders should react to change, rather than foresee it.
Random Events
Outcomes or occurrences that are unpredictable and determined entirely by chance.
Probability
The measure of the likelihood that an event will occur, quantified as a number between 0 and 1, with 1 indicating certainty.
Tree Diagram
A diagram used to show the total number of possible outcomes in a probability experiment.
Simple Events
A simple event is an outcome or event that cannot be further broken down into simpler components within the context of a probability experiment.
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