Examlex
Along a supply curve,
Population Proportions
The fraction or percentage of a population that is characterized by a certain trait or attribute.
Sample Proportions
The ratio of members in a subset of a population to the total population, used in statistical analysis.
Normal Distribution
A bell-shaped probability distribution characterized by its mean and standard deviation, describing how data values are spread around the mean.
Mass Production Line
A method of manufacturing that uses assembly lines and automation to produce a large number of identical items quickly.
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