Examlex
Operating activities involve putting the resources of the business into action to generate a profit.
Binomial Distribution
A probability distribution that represents the number of successes in a set number of independent binary (success/failure) experiments.
Consecutive Trials
Successive attempts or tests carried out to achieve a particular result, where each trial follows the previous one without interruption.
Possible Outcomes
Refers to all the potential results that could occur from a specified event or experiment.
Binomial Random Variable
A random variable that has only two possible outcomes, typically described as success and failure, in a series of experiments.
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