Because of the sub prime crisis there is a heavy shortage of liquidity in the economy and financial markets.
Due to lack of liquidity many investors who were short of cash started selling their stocks to raise money. Because of large scale selling the prices of stocks tumbled and in turn the stock markets tumbled.
The two events are said to be independent.
The stock market crash..!!
The probability based on an event that has already occurred is 100%. If the event has occurred, it has occurred.
The Great Stock Market Crash of 1929 occurred on "Black Tuesday."
The enzymes that would indicate that a negative cardiac event has occurred are creatinephosphokinase and creatine kinase. Also the proteins troponin I and troponin T would also be elevated in the blood.
The constitutional convention occurred second.
The Vietnam War is the event that occurred in the Tonkin Gulf.
A galvanizing event is an event that strengthens, that inspires positively, that brings resolve to someone or a group of persons. Both negative events and positive events are capable of galvanizing (that is, producing a galvanizing effect in) those affected by them.
The probability of event A occurring given event B has occurred is an example of conditional probability.
No memorable space event occurred on this day.
What important event occurred April 9th, 1865
What important event occurred April 14th, 1865