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Expected Number
A statistical term referring to the mean value predicted for a particular variable or event in a probability distribution.
Binomially Distributed
Describes the distribution of two possible outcomes in an experiment or process that is repeated multiple times.
Life Insurance
A contract between an insurer and an insured, where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person.
Sales Calls
Direct engagement with potential customers typically over the phone or in person to pitch a product or service.
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