Examlex
When multiple materials are used,the effect of substituting a non-standard mix of materials during the production process is referred to as a ____________________ variance.
Variance
A statistical measure that represents the average squared deviation from the mean, indicating how spread out a data set is.
Law of Total Probability
A fundamental rule that provides a way to break down the probabilities of complex events into more manageable pieces.
Mutually Exclusive
Events that cannot occur at the same time, meaning the occurrence of one event makes it impossible for the other event to occur.
Exhaustive
Pertaining to a comprehensive or complete method or approach that leaves no aspect unexplored or unaddressed.
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