Examlex
The present value of a future payment is higher the longer the period of time until the payment, ceteris paribus.
Probability
A numerical expression, ranging between 0 and 1, used to indicate how probable it is that a given event will happen, where 0 means the event is impossible, and 1 means the event is certain to happen.
Independent
A term describing variables that are not affected by other variables in a study or experiment.
Normal Model
A type of statistical distribution that is symmetric and has a bell-shaped curve, where most occurrences take place at the center of the distribution.
HIV Virus
The Human Immunodeficiency Virus (HIV) is a virus that attacks the immune system, reducing its ability to fight off other diseases and infections.
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