Examlex
The common element in B2B and B2C is:
Probability Calculations
The process of determining the likelihood of a given outcome, often expressed as a number between 0 and 1.
Normal Data
Data that follows a normal distribution, characterized by a bell-shaped curve where most observations cluster around a central peak and probabilities for values taper off equally in both directions.
Alternative Hypothesis
A statement that contradicts the null hypothesis and is tested for possible acceptance in hypothesis testing.
Skewness
A measure of the asymmetry of the probability distribution of a real-valued random variable about its mean.
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