Black's Rule

Black's Rule, in general knowledge, refers to a guideline for estimating the probability of an event. It suggests that if you want to predict the likelihood of a complex event, you can break it down into simpler components and assess their individual probabilities. The overall probability is then a product of these simpler probabilities. This approach helps clarify complicated scenarios by focusing on manageable parts, allowing for better decision-making and risk assessment in various fields, such as finance, insurance, and project management.