What Are the Reasons That Are Usually Given to Justify

question 5

Essay

What are the reasons that are usually given to justify regulation?

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Definitions:

Continuous Random Variables

Variables that can take an infinite number of values within a given range, for instance, weight or temperature.

Probability Distribution

A mathematical function that provides the probabilities of occurrence of various possible outcomes in an experiment.

Standard Deviation

An important measure in statistics that expresses the variability or spread of a dataset relative to its mean, indicating how spread out the data points are.

Random Variable

A variable representing numerical results from a stochastic process.