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The equation for the variance of the binomial distribution is given by
Overexpansion
The rapid and often uncontrollable growth of a business, territory, or economy, which can lead to inefficiency, unmanageability, and financial problems.
American Railroads
A network of rail transport that significantly contributed to the economic development and westward expansion of the United States throughout the 19th and 20th centuries.
Railroad Industry
The railroad industry encompasses companies that operate railroads, which are large networks of track on which trains travel to transport goods and passengers.
Regulation
The government's imposition of rules within a market to promote fairness, stability, and efficiency, often to protect the public interest.
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