Examlex
an experiment consists of picking at random a bit string of length five. Consider the following events:
E1: the bit string chosen begins with 1;
E2: the bit string chosen ends with 1;
E3: the bit string chosen has exactly three 1's.
-Determine whether E2 and E3 are independent.
Capital Deepening
The increase in the amount of capital per worker, leading to higher productivity and possibly higher wages.
U.S. GDP Per Capita
A measure that divides the Gross Domestic Product of the United States by its total population, indicating the average economic output per person.
Average Rate
The mean value calculated by dividing the sum of rates by the number of rates, often used in finance to determine interest rates or growth rates.
Percent
Percent is a mathematical term describing a fractional number out of 100, used to denote proportions, rates, or comparisons.
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