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How is Rachel, a stay-at-home parent who works as a volunteer at the local Canadian Cancer Society office and is currently not looking for a job, counted?
Triangular Distribution
A probability distribution with a shape formed by a triangle, which is specified by a minimum, a maximum, and a mode value.
Expected Value
The weighted average of all possible values of a random variable, taking into account their probabilities.
Bounded Distribution
A statistical distribution with both a minimum and maximum value, limiting the range of possible outcomes.
Uniform Continuous Probability Distribution
A type of distribution where all outcomes in a certain interval are equally likely.
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