Examlex
If n = 10 and π = 0.70, then the mean of the binomial distribution is
Expected Value
The long-term average or mean of a random variable, representing the anticipated outcome of an experiment conducted many times.
Shopping Outlet
A retail store or a collection of stores where goods are offered for sale to the public, often characterized by type of merchandise or discount pricing.
Gym Visits
The number of times an individual attends a gym or fitness center within a given timeframe.
Probability Distribution
A mathematical function that defines the probabilities of all possible outcomes for a random variable.
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