Examlex
Krakoff argues that the reason it is hard to respond to climate change is because although the effects of carbon dioxide emissions are felt immediately, they are spread around the entire world.
Event A
A specified outcome or set of outcomes of a random experiment.
Random Variable
A variable whose values are numerical and result from randomness.
Probability Distribution
A function in mathematics that offers the chances of various outcomes happening in an experiment.
Average Profit
The mean amount of profit earned, calculated by dividing the total profit by the number of units sold or the period over which the profit was earned.
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