Examlex
The random variable x is the number of occurrences of an event over an interval of ten minutes. It can be assumed that the probability of an occurrence is the same in any two time periods of an equal length. It is known that the mean number of occurrences in ten minutes is 5.3. The probability that there are less than 3 occurrences is
Dependency Theory
A theory suggesting that the economic conditions of wealthier nations are directly linked to the poverty of less developed nations, due to an unequal global system that benefits rich countries at the expense of poorer ones.
Economic Success
The achievement of financial goals and stability, often measured by factors such as income, wealth accumulation, and employment status.
Peripheral Countries
Nations that are less developed industrially and have less influence on the global economy compared to core or semi-peripheral countries, often exploited for their resources.
Core Countries
Nations that dominate global economic systems with their advanced industrial capacities and wealth, exerting influence over less developed countries.
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