Examlex
What is the LIFO Valuation Allowance, also known as LIFO reserve?
Poisson Distributed
A description of a distribution pattern that applies to events with a fixed interval of time or space, denoting the probability of a given number of events happening in a fixed interval.
Probability
A numerical assessment, between 0 and 1, representing the chance of an event taking place.
Poisson Random Variable
A type of random variable that expresses the probability of a given number of events happening in a fixed interval of time or space, assuming events occur with a known constant mean rate and independently of the time since the last event.
Average Number
The arithmetic mean, calculated as the sum of all values in a set divided by the number of values in the set.
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