Examlex
Water transportation has benefits and drawbacks; for example, it is inexpensive but slow.
Successful Operations
Activities or series of activities within a process which achieve the intended goals or objectives efficiently and effectively.
Poisson Approximation
A statistical technique used to approximate the probabilities of events with a very low probability over a large number of trials.
Binomial Random Variable
A type of random variable that takes the number of successes in a fixed number of trials of a binomial experiment, where each trial results in a success or failure, with the probability of success being the same for all trials.
Cumulative Binomial Probabilities
The sum of the probabilities of obtaining all outcomes up to a specified point in a binomial distribution.
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