What Does EFT Stand For

question 135

Multiple Choice

What does EFT stand for?

• A)external fee transfer
• B)external funds transportation
• C)electronic fee transportation
• D)electronic funds transfer

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Definitions:

Probability Model

A mathematical representation that predicts the likelihood of various outcomes in an experiment.

Possible Outcomes

The various results or consequences that may occur as a result of an experiment or decision, usually in a statistical or probabilistic context.

Probability of 1

Probability of 1 signifies an event that is certain to occur in the framework of probability theory.

Independent Events

Two or more events that do not affect each other's outcomes, meaning the occurrence of one event does not change the probability of the other.