Examlex
Many self-help books
Probability
The measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
Poisson Approximation
A statistical technique used to approximate the probability of a given number of events happening in a fixed interval of time.
Probability
A statistical measure that quantifies the likelihood of an event occurring, ranging from 0 (impossible) to 1 (certain).
Normal Model
A normal model is a statistical distribution that is symmetric, bell-shaped, and describes how different variables are distributed, assuming that most occurrences take place around the mean.
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