Examlex
i. A binomial distribution is a discrete probability distribution.
ii. To construct a binomial distribution, it is necessary to know the total number of trials and the
Probability of success on each trial.
iii. If the probability of success remains the same, but n increases, the shape of the binomial
Distribution becomes more symmetrical.
Global Production
The worldwide process of producing goods and services that involves the coordination of production across different countries, emphasizing globalization and economic interdependence.
Global Migrants
Individuals who move from their country of origin to live or work in another country.
Low-Wage Workers
denotes individuals who are employed in positions that pay at or below the lower end of the pay scale, often insufficient to support a standard living.
Fertility Rate
The average number of children born to a woman over her lifetime within a specific population.
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