Examlex
[Be able to calculate the mean for a small set of data.] The ages of five adults are listed below. Calculate the mean age of these adults.
Uniform Distribution
Describes a situation in which all outcomes are equally likely, such as the roll of a fair die.
Waiting Time
The duration a customer or a process has to wait before its service begins or a specific event occurs, often analyzed in queue theory and operations research.
Probability Density Function
A function that represents the probability of a random variable assuming a specific value.
Uniform Distribution
A type of probability distribution where all outcomes are equally likely; any one of several outcomes has an equal chance of occurring.
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