Examlex
If the random variable X is exponentially distributed with parameter = 0.05,then the probability P(X < 5)= .2865.
External Benefit
A benefit that results from an economic activity which accrues to unrelated third parties.
Third Party
An entity involved in a transaction or agreement who is not one of the principal parties.
Cooperative
An organization consisting of people who pool their resources to buy and sell more efficiently than they could individually.
Single-Owner
Pertains to a business that is exclusively owned by one individual who is responsible for its operations and liabilities.
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