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What is Event Dynamics?
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Formal Definition & Context
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Imagine you have a bag of Skittles. If you pick one Skittle at a time without putting any back, each pick is like an independent event - the outcome of one pick doesn't affect the next. But if you put the Skittle back after each pick, then each pick is like a dependent event - the outcome of one pick can affect the next one.
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