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In a tort action:
λ
A symbol commonly used in mathematics and engineering to represent wavelength, decay constants, or other specific parameters within various contexts.
μ
A symbol commonly representing the mean or average in statistics and probability, summarizing central tendency of a dataset.
M/M/1 Assumptions
Assumptions used in queueing theory for a single-server queue, including exponential service times and arrivals being a Poisson process.
Average Number
Denotes the numerical value found by dividing the sum of all values in a set by the count of values in the set.
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