Examlex
A university must choose a team of 5 students to participate in a TV quiz show. The students will be chosen atrandom from a pool of 44 potential participants of whom 20 are women. The random variable X represents thenumber of women on the team.
Physical Control
The use of manual or physical means to monitor and regulate processes, systems, or machinery, often to maintain safety, efficiency, or security.
Company Gate
The primary entry point for individuals into a company's physical premises, symbolizing access control and security measures.
VPN
Virtual Private Network, a technology that creates a safe and encrypted connection over a less secure network, such as the internet, allowing secure remote access to network resources.
Risk Transference
A risk management technique where the potential for loss or damage is shifted from one party to another, often through insurance or contracts.
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