Examlex
Four freshmen are to be assigned to eleven empty rooms in a student dormitory.All the rooms are considered as homogenous so that it does not matter who is being assigned to which room.How many different ways can those 4 freshmen be assigned?
Average Deviation
A statistical measure that describes the average distance of each data point from the mean of the data set.
Least Risky
Describes an option or decision that involves the lowest level of risk compared to alternatives.
Expected Income
The amount of money an individual anticipates earning over a specified future period, often based on current income and future prospects.
Expected Value
Probability-weighted average of the payoffs associated with all possible outcomes.
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