Gross national product and Independent events: Difference between pages

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(GNP). Total income earned by national households regardless of where they provided the factors of production.
''Statistics''.
 
Two events are statistically independent if the outcome of one of the events has no effect on the probability of the outcome of the other event.
 


== See also ==
== See also ==
* [[Gross domestic product]]
* [[Conditional probability]]
* [[Independence]]
* [[Independent]]


[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Latest revision as of 09:56, 11 September 2022

Statistics.

Two events are statistically independent if the outcome of one of the events has no effect on the probability of the outcome of the other event.


See also