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parveen goyal

parveen goyal (Querist)
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24 February 2012 MEANING OF REMOTE PROBABILITY IN AS-4?

SOURAV GOEL

SOURAV GOEL (Expert)
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27 February 2012 Probability means chance of occurence.

Remote Probability means when the chance of occurence is highly unlikely.

eg- So as to say that the occurence of that event/transaction is say only 0.000001%

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