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Stocks
Shares representing ownership interests in corporations, allowing investors to claim on businesses' assets and earnings.
Variance
The average of the squared differences from the mean, providing a measure of how spread out numbers are.
Binomial Distribution
The binomial distribution is a probability distribution that summarizes the likelihood of obtaining a fixed number of successes in a fixed number of trials with a specific probability of success in each trial.
Expected Value
A statistical concept representing the average outcome of a random variable over a large number of experiments or trials.
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