PM in time stands for "Post Meridian".
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It stands for the Latin phrase "post meridiem" meaning after midday
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<p>MCMLXXVI</p> <p>or M + (CM) + (LXX) + VI</p> <p>or M + (M - C) + L + X + X + V + I</p> <p>or 1000 + 900 + 70 + 6</p> <p>or 1976</p>
P= M/No
Proof: P{T>n+m/T>n}=P{T>n+m,T>n}/P{T>n} (Bayes theorem) =P{T>n+m}/P{T>n} =((1-p)^(n+m))/(1-p)^n = (1-p)^(n+m-n) = (1-p)^m (1-p)^m = {T>m} So T>m has the same probability as T>m+n given that T>n, which means it doesn't care (or don't remember) that n phases had passed.