When the Outcome of Event a Does Not Affect the Probability

question 40

True/False

When the outcome of event A does not affect the probability of the outcome of a
subsequent event B, then the events are said to be dependent.

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Definitions:

Authorized

Officially sanctioned or given permission, often used in the context of legal or financial matters to indicate approved actions or processes.

Par Value

The nominal or face value of a stock or bond as stated by the issuing company, which may differ from its market value.

Entity

An organization or being with a distinct and independent existence, usually referred to in legal, financial, or tax contexts.

No-Par Value Stock

Capital stock that has not been assigned a value in the corporate charter.