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What is the average available solar radiant power available to the entire USA? (Hint: Average insolation for USA is 177/m2; and, total area 3.615 x 106 square miles.) About how much solar energy is available every year? What is the equivalent number of BTUs?
Probability Distribution
A statistical tool that maps out every possible outcome along with its probability for a random variable within a predefined scope.
Expected Rate
Expected rate often refers to the return anticipated on an investment or project in the future, taking into account the risk and uncertainties associated with it.
Standard Deviation
A measure of the dispersion or variability around the mean of a set of data values, often used in finance to gauge investment risk.
Correlation Coefficient
A numerical measure ranging from -1 to 1 that represents the degree to which two variables are linearly related.
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