Examlex
Differentiation means that the marketing mix is distinct from and better than what is available from a competitor.
Mutually Exclusive
Two events that cannot occur at the same time, indicating no overlap in possible outcomes.
Independent
The condition where the occurrence or outcome of one event does not affect the occurrence or outcome of another event.
P(A / B)
Represents the conditional probability of event A occurring given that event B has occurred.
Missile
A guided weapon system designed to deliver a payload from a source to a target at high velocities.
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