Given Two Events a and B Each with a Non-Zero

question 77

True/False

Given two events A and B each with a non-zero probability, if the conditional probability of A given B is zero, it implies that the events A and B are independent.

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Definitions:

Wholly Owned Subsidiary

A company whose entire share capital is owned by another company, making it fully controlled by the parent company.

Statement of Comprehensive Income

A financial statement that includes all changes in equity during a period, except those resulting from investments by owners and distributions to owners, encompassing both net income and other comprehensive income.

Unamortized Premium

The portion of the bond premium that has not yet been expensed in the income statement through amortization.

Effective Interest Rate

The actual rate of interest earned or paid on a loan or investment, taking into account compounding.