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The Traditional Search Fund Model Was Formed in 2000

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The traditional search fund model was formed in 2000


Definitions:

Probability Density Function

A function that represents the probability of a random variable assuming a specific value.

Uniform Distribution

A type of probability distribution where all outcomes are equally likely; any one of several outcomes has an equal chance of occurring.

Random Variable

A variable that takes on a set of possible values, each with an associated probability, representing outcomes of a statistical experiment.

Probability

A measure quantifying the likelihood that an event will occur, expressed on a scale from 0 to 1.

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