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What is a two-way contingency table? What is marginal probability? Explain the difference between mutually exclusive events and independent events. Define conditional probability. Provide three

  • What is a two-way contingency table?
  • What is marginal probability?
  • Explain the difference between mutually exclusive events and independent events.
  • Define conditional probability.
  • Provide three examples of conditional probability.
  • Describe what questions you might ask to determine probability of risks when starting your own company.

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