Examlex
The creation of new job opportunities to "stretch" the capabilities of candidates while ensuring their retention with the organization is a key component of the succession planning process.
Expected Frequency
The predicted number of times an event or outcome occurs within a specific interval, based on a probability model.
Uniformly Distributed
A type of distribution in which all outcomes are equally likely; the probability density function is constant.
Tax Proposal
A plan or suggestion, typically made by a governing body, to impose or alter taxes.
Multinomial Probability
The probability of achieving a given set of outcomes in a multinomial experiment, where each outcome is based on discrete, mutually exclusive categories.
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