Examlex
Solve for X in the equation given.
Utilization Rate
This measures the efficiency with which capacity is used, often expressed as a percentage of total available capacity.
Exponential Distribution
A statistical distribution used to model time between events in a process that occurs continuously and independently at a constant average rate.
Poisson Distribution
A mathematical representation that quantifies the odds of various event frequencies occurring within a predetermined span of time or space.
Average Time
The mean time taken for a process or event, calculated by summing the total times recorded and dividing by the number of events.
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