Examlex
There are no hard and fast rules on whether entrepreneurial firms should internationalize rapidly or slowly.
Probability Distribution
The function that describes the likelihood of obtaining the possible values that a random variable can take.
Likelihood of Occurrence
Likelihood of occurrence refers to the probability that a given event will happen, often used in statistics to estimate outcomes.
Parameter
A numerical characteristic that describes a statistical population; it's a fixed value, though often unknown.
Sampling Distribution
The probability distribution of a statistic based on a large number of samples or simulations.
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