Examlex
A ________ is a statement that delineates employees' rights and responsibilities.
Discrete Probability
The mathematical study of probability where the outcome is determined from a set of distinct, separate values.
Queuing Theory
A body of knowledge about waiting lines.
Little's Law
A principle in queuing theory stating that the long-term average number of customers in a stable system L is equal to the long-term average effective arrival rate, λ, multiplied by the average time a customer spends in the system, W (L = λW).
Poisson Distribution
The Poisson Distribution is a statistical distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space if these events occur with a known constant mean rate and independently of the time since the last event.
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