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Discuss Some of the Major Events Associated with the Second

question 18

Essay

Discuss some of the major events associated with the Second Industrial Revolution.Include social, political, technological, and economic aspects of the revolution in your answer.


Definitions:

Customers

Individuals or businesses who purchase goods or services from another entity.

Expected Value

The average outcome of a random variable, calculated as the sum of all possible values each multiplied by their respective probability of occurrence.

Raffle Tickets

Tickets sold as a means to raise money for a cause, with the chance of winning prizes.

Binomial Distribution

a probability distribution describing the number of successes in a fixed number of independent Bernoulli trials, with a constant probability of success.

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