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A police department reports that the probabilities that 0, 1, 2, 3, and 4 car thefts will be reported in a given day
are 0.122, 0.257, 0.270, 0.189, and 0.099, respectively.
Survey Of Consumer Finances
The Survey of Consumer Finances is a detailed survey conducted by the Federal Reserve to gather information about household finances in the United States, including income, saving, debt, and net worth.
SCF
Statement of Cash Flows, a financial report that details the inflows and outflows of cash for a business over a specified period.
Parameter
A characteristic or constant factor that can be measured and used to describe a system or set the conditions of an experiment.
Statistic
A numerical value that represents a summary measure of a sample, used to estimate parameters of the population.
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