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Given that n is the number of trials of a random experiment, N is population size, M is the number of population units with the "success" characteristic, and p is the probability of success in the first trial, the mean of the hypergeometric random variable's probability distribution always equals:
Continuous Values
Numerical data that can take any value within a specified range, often associated with measurements.
Production Cost
The total expense incurred in the manufacturing of a product or providing a service, including raw materials, labor, and overhead costs.
Optimal Cost
The lowest possible cost at which a particular set of goods or services can be produced or acquired, taking into consideration factors such as efficiency and resource allocation.
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