Examlex
When it comes to competitive positioning, most hospitality companies today focus too closely on competition and not enough ________on competition.
Continuity Correction
An adjustment made when approximating a discrete distribution with a continuous distribution.
Normal Approximation
A method of estimating the distribution of a sample statistic using the normal distribution, often applied when the sample size is large.
Binomial
Pertaining to a probability distribution or experiment where each trial has two possible outcomes.
Probability of Success
The likelihood or chance of an event happening that is considered a favorable outcome.
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