Examlex
Design capacity refers to the maximum output rate possible given a product mix,operating hours,and machine maintenance.
Expected Number
A statistical measure describing the average or mean value anticipated in a random variable or in the outcomes of a random experiment.
Binomially Distributed
A distribution characteristic of a random variable that represents the number of successes in a fixed number of independent Bernoulli trials, each with the same probability of success.
Standard Deviation
A formula to assess how widespread or dispersed a series of values is.
Expected Number
A statistical term referring to the mean value predicted for a particular variable or event in a probability distribution.
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