Examlex
__________ memory is constantly updated.
Probability Distribution
A probability distribution is a statistical function that describes all the possible values and likelihoods that a random variable can take within a given range.
NPV
Net Present Value; a method used in capital budgeting to evaluate the profitability of an investment or project, calculating the net difference between present value of cash inflows and outflows over a period.
IRR
Stands for Internal Rate of Return, a metric used in financial analysis to estimate the profitability of potential investments.
Scenario Analysis
A process of analyzing possible future events by considering alternative possible outcomes (scenarios).
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