Examlex
Target costing involves four key principles.
Continuous Random Variable
A variable that can assume an infinite number of values within a given range, where the outcomes cannot be counted but are measured.
Density Function
A mathematical function that describes the probability distribution of a continuous random variable, indicating how the total probability is distributed over the various possible values the variable can take.
Symmetric
A characteristic of shapes, equations, or other entities that remain unchanged when reflected, rotated, or transformed in specific ways.
Tails
The ends of a distribution curve, referring to the extreme values far from the mean in a probability distribution.
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