Examlex
According to Pew Research Center, 71% of Internet users accessed video-sharing sites last month. A random sample of 50 Internet users was selected. Using the normal approximation to the binomial distribution, what is the probability that exactly 36 people from this sample access video-sharing sites?
ATC
The total cost per unit of production, calculated by dividing the overall production cost by the number of units produced.
Production Function
A production function describes the relationship between inputs used in production and the output generated from those inputs.
Law Of Diminishing Marginal Returns
A principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other inputs remain constant.
Metamucil
Metamucil is a fiber supplement used to treat constipation and improve overall digestive health by adding bulk to the stool.
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