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The number of ____ and ____ passing a site strongly affects its potential retail sales.
Continuous Random Variables
Continuous random variables are quantities that can assume an infinite number of values within a given range, often corresponding to measurements.
Normal Distributions
A distribution where the likelihood of data occurring decreases as the distance from the mean increases, all the while maintaining a symmetrical shape around the mean.
Discrete Random Variable
A random variable that can take on only a finite or countably infinite set of distinct values.
Text Messages
Short, digital communications sent over cell phone networks.
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