Examlex
Understating ending inventory in 2018 will overstate net income for 2019.
Probability
A measure quantifying the likelihood that an event will occur, expressed on a scale from 0 (impossible) to 1 (certain).
Observing
The action of closely monitoring or paying attention to phenomena, behaviors, or events.
Resample
The process of selecting a new sample from an original dataset, possibly with replacement, to conduct statistical analysis or bootstrap estimates.
Distinct Resamples
Unique subsets or reselections of data from a set, used in bootstrap or other resampling methods to estimate variability.
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