Companies Want to Create ________ in Order to Lock in Their

question 108

Short Answer

Companies want to create ________ in order to lock in their customers.

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Definitions:

Standard Normal Random Variable

A random variable that has a mean of zero and a standard deviation of one, following a normal distribution.

Continuous Random Variable

A continuous random variable is a variable that can take an infinite number of values within a given range where each value is measurable.

Continuum

A continuous sequence or range of values where there is no clear division between one state and the next.

Standard Normal Random Variable

A normal distribution with a mean of zero and a standard deviation of one, used in statistical analysis.