Examlex
[A/An] _____ is created by buyers from various businesses to pool their buying power together in order to reduce prices.
Expected Value
The average value over many repetitions of an experiment, commonly utilized in the fields of probability and statistics.
Sample Proportion
The ratio of members in a sample with a particular attribute to the total number of members in the sample.
Binomial Probability
The likelihood of a given number of successes in a fixed number of trials, where each trial has exactly two possible outcomes.
Normal Curve
A bell-shaped curve that represents the distribution of values, scores, or variables that are normally distributed.
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