The probability of event B given that event A has already occurred is known as a CONDITIONAL PROBABILITY.
Conditional probability is written mathematically as: P[B/A], where P stands for probability.
Event A and B can be dependent or independent and this will have effect on the general formula of conditional probability, that is, the formula will change in form depending on the relationship between the two events.
Answer:
The answer would be b) identity management
Explanation:
Identity management is used to authenticate users and to determine if they are authorized to access specific systems. Identity management operates by linking user rights and constraints with recognized identities. Identity management ensures that only authorized users can access to organizational systems while those without access are restricted.
Risk or financial loss ...
Answer:
Sales Revenue – Cost of Goods Sold = gross profit
Explanation:
A merchandising business is one that is involved in selling goods to customers. The firm may purchase or produce the goods it sells. Merchandising firms report an expense named the cost of goods sold COGS. This cost represents the total cost of all goods sold to customers during a period.
Costs of goods sold include the direct cost associated with the merchandise. Calculation of COGS is by adding net purchases to the opening stock then subtracting ending stock. The cost of goods sold is used in calculating gross profit. Service firms do not report this cost as they do not sell goods.
