Examlex
Ten students are chosen from a statistics class of 22 students. Let X be the number who got an "A" in the class. Is this a binomial distribution, and if so, what is the number of trials?
HR Supply
The availability of qualified candidates, both internally and externally, to meet the human resources needs of an organization.
Employee Turnover
The rate at which employees leave a company and are replaced by new hires, often used as an indicator of the work environment and employee satisfaction.
Markov Model
A mathematical system that undergoes transitions from one state to another on a state space, used for stochastic (random) processes that depend only on the current state and not on the sequence of events that preceded it.
Matrices
In the context of organizations, refers to grid-like structures that facilitate the management of projects, resources, or responsibilities across functional areas.
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