Examlex
The centralized structure used by Borders (Chapter 11 Opening Case)did not provide information from local stores that might have been useful in changing its technology strategy more quickly than it did. This example illustrates the effect of structure on strategy.
P(x = a)
The probability that the random variable X is equal to some value a.
Continuous Random Variable
A type of random variable that can take an infinite number of possible values in a continuum or interval on the number line.
P(x > a)
Represents the probability of a random variable X taking a value greater than a specific number a.
P(x = a)
Represents the probability that a discrete random variable X takes on a specific value a.
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