Examlex
Write the word or phrase that best completes each statement or answers the question.
-An electric company has the following rate schedule for electricity usage in single-family residences: What is the charge for using 300 kilowatts in one month?
What is the charge for using 375 kilowatts in one month?
Construct a function that gives the monthly charge C for x kilowatts of electricity.
Finite Population Correction Factor
A statistical adjustment applied when sampling without replacement from a finite population to improve the accuracy of estimations and reduce sampling error.
Mean Salary
The average wage or salary calculated by summing all salaries and dividing by the number of salaries.
Normal Distribution
This refers to a probability distribution where symmetry around the mean indicates higher frequency of data points near the mean than those far from it.
Average Annual Revenue
This refers to the amount of money a company earns in a year, on average, from its operations.
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