Examlex
Two events A and B are said to be independent if P(A B) = P(A) + P(B).
Discrete Random Variable
A type of random variable that can take on a countable number of distinct values.
Outcomes
Outcomes refer to the results or consequences of actions, processes, or interventions, which can be measured to assess effectiveness or impact.
Distribution
In statistics, the way in which values of a variable are spread or dispersed across possible values.
Contribution Margin
The amount remaining from sales revenue after all variable expenses have been deducted, indicating the contribution towards covering fixed costs and generating profit.
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