Examlex
The percentage of erythrocytes in a normal volume of blood is about
Probability
A numerical measure of the likelihood of a particular event occurring, expressed on a scale from 0 to 1.
Poisson Arrivals
A process that describes the probability of a given number of events happening in a fixed interval of time or space, assuming these events occur with a known constant mean rate and independently of the time since the last event.
Average Number
A value obtained by dividing the sum of all quantities in a dataset by the number of quantities in that dataset, commonly known as the mean.
FCFS
"First Come, First Served," a method of service in which requests are attended to in the order in which they are received.
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