Examlex
The key drivers of diversification during the period 1950-80 were:
Discrete Random Variables
Variables that take on a countable number of distinct and separate values.
Continuous Random Variables
Variables that can take an infinite number of values within a given range, for instance, weight or temperature.
Probability Distribution
A mathematical function that provides the probabilities of occurrence of various possible outcomes in an experiment.
Standard Deviation
An important measure in statistics that expresses the variability or spread of a dataset relative to its mean, indicating how spread out the data points are.
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