Examlex
What information is provided by the Receivables by Customer graph -
Uniform Distribution
A type of probability distribution in which all outcomes are equally likely.
Probability Density Function
An equation that indicates the probability of a random variable occurring at a certain value.
Interval
In mathematics, this refers to a range of numbers between two defined points, which can be either open or closed at each end.
Exponential Distribution
A probability distribution used to model the time between events in a Poisson process, describing the times between events in a continuous but rare occurrence.
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