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Large businesses rarely have e-commerce Web sites.
Binomial Distribution
A probability distribution representing the number of successes in a fixed number of independent Bernoulli trials with the same success probability.
Probability of Success
The likelihood of achieving a desired outcome or result in an experiment or trial.
Normal Distribution
A bell-shaped data distribution where most observations cluster around the central peak and the probabilities for values further away from the mean taper off equally in both directions.
Sample Proportion
The fraction or percentage of a sample that exhibits a particular trait or attribute.
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