Examlex
Define parameter.
Normal Random Variable
A variable following a normal distribution, characterized by a symmetric bell-shaped curve.
Variance
A measure of the dispersion or spread of a set of data points around their mean value, indicating the degree of variation from the average.
Probability Distribution
A statistical function that defines the possible values and likelihoods that a random variable can take within a given range.
Population Standard Deviation
A measure of the variability or spread in a population data set.
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