Examlex
The design of tax policy is one of the responsibilities of economists who work at the
λ
A symbol often used to represent the rate at which events occur in a Poisson process, typically events per unit time.
μ
A symbol commonly used in statistics and mathematics to represent the mean or average of a set of numbers.
Finite Population
A population set that contains a limited number of observations or elements.
Average Service Time
The mean time it takes to serve a customer or complete a process, a critical metric in evaluating the performance of a service system.
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