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Instructions: Identify the Terms and Briefly State Their Historical Significance

question 57

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Instructions: Identify the terms and briefly state their historical significance.
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Definitions:

Success Rate

A metric used to quantify the proportion of successful outcomes out of the total number of attempts or cases.

Poisson Distribution

A discrete probability distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space.

Calls

Telecommunication connections initiated for communication, or financial options contracts granting the right, but not the obligation, to buy or sell at a set price.

Winning Streak

A consecutive series of wins or successes, especially in sports, demonstrating a period of good performance.

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