Examlex
The previous day's close of a stock is listed in today's transactions.
Waiting Time
The duration a customer or a process has to wait before its service begins or a specific event occurs, often analyzed in queue theory and operations research.
Probability Density Function
A function that represents the probability of a random variable assuming a specific value.
Uniform Distribution
A type of probability distribution where all outcomes are equally likely; any one of several outcomes has an equal chance of occurring.
Random Variable
A variable that takes on a set of possible values, each with an associated probability, representing outcomes of a statistical experiment.
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