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Deterrence theory is based on the assumption that punishment can be used to prevent crime.
Exponential Distribution
The exponential distribution is a continuous probability distribution that is often used to model the time between events in a process that occur continuously and independently at a constant average rate.
Confidence Interval
A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter with a specified level of confidence.
Margin Error
The amount of error that one can expect in an estimate, often expressed as a plus-or-minus figure and used in statistical analysis to indicate confidence in results.
Confidence Level
The probability percentage that specifies how reliable a confidence interval is in statistical analysis.
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