Don't know (DK, DKed)

"Don't know the trade." A Wall street expression used whenever one party lacks knowledge of a trade or receives conflicting instructions from the other party. Also, an unscrupulous claim made by one party denying that the trade had been agreed to and made after the trade goes adversely against that party.

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Known price item
When a good whose price is widely known by members of the public is priced to attract customers.

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Did you know?

Bayes rule

Treating probability as a logic, Thomas Bayes defined the following:

Pr(A|B)=Pr(B|A)Pr(A)/Pr(B)

For example, probability that the weather was bad given that our friends played soccer can be calculated as: Pr(play soccer in the rain)Pr(rain)/Pr(play soccer).


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