Examlex
If the distances between the ordered data values are proportional to the distances between the actual values, then the normal probability plot will be a straight line.
Expected Value
The anticipated mean or average value of a random variable, calculated as the sum of all possible values each multiplied by the probability of its occurrence.
Slot Machine
A gambling device that generates random combinations of symbols on a dial, offering prizes to players based on the alignment of these symbols.
Casino's Profit
Describes the net revenue that a casino generates from its gaming and non-gaming operations, after accounting for all operational expenses.
Pays Out
Refers to the act of distributing or disbursing money, such as dividends to shareholders or winnings to gamblers.
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