Examlex
Brand communication should be considered effective when it generates the advertiser's desired response.
Probability Distribution
A function providing a comprehensive list of values and corresponding probabilities for a random variable within a certain limit.
Expected Rate
The anticipated return on an investment, factoring in the probability of various outcomes.
Standard Deviation
A statistical measure that quantifies the variation or dispersion of a set of data points or investment returns.
Covariance
A measure of how two variables move together, indicating the direction of their relationship.
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