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Well, isn't that just a happy little coincidence! In probability, the acronym TULIP often refers to the five basic components of a probability problem: Total number of outcomes, Unfavorable outcomes, Likelihood, Independent events, and Probability. Your lecturer is just helping you break down probability problems into manageable parts, like painting a beautiful landscape one brushstroke at a time. Just remember, there are no mistakes, only happy little probabilities waiting to be solved.

Q: What could the acronym 'TULIP' mean in a maths sense - my probability lecturer keeps using it?

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Yes it could be.