Examlex
The thrust of authentic assessment is to use:
Standard Deviation
A measure of the amount of variation or dispersion of a set of values; a low standard deviation indicates that the values are close to the mean.
Poisson Distribution
A probability distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space.
Expected Value
The calculated average of all possible values in a probability distribution, weighted by their probabilities.
Bank Officers
Individuals responsible for overseeing the day-to-day operations and financial matters of a bank.
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