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Managers in collaborative roles have direct authority over horizontal colleagues or partners.
Covariance
A measure that indicates the degree to which two variables change together, showing if increases in one variable tend to be associated with increases or decreases in the other.
Marginal Probability
The probability of an event occurring, taken in isolation, without consideration of any other related events.
Car Sales
The number of automobiles sold within a specific period, an indicator of the automotive industry's health and consumer demand.
Conditional Probabilities
The probability of an event occurring given that another event has already occurred, reflecting how the likelihood of the event is affected by the knowledge of another outcome.
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