Examlex
According to the systems approach to management, an open system can function without interacting with its environment.
Statistics Class
An academic course that teaches the principles, theories, and application of statistical methods and analysis.
Random Variable
A variable whose values depend on outcomes of a probabilistic phenomenon.
Normally Distributed
Describes a type of continuous probability distribution for a real-valued random variable where the data tends to form a symmetrical bell curve.
Median
The middle value in a data set, arranging the data in ascending order, or the average of the two middle values if the dataset is even.
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