Examlex
Explain and show graphically how government deficits can "crowd out" private investment.
Cumulative Distribution Function
A function that gives the probability that a random variable is less than or equal to a certain value.
Random Variable
An attribute whose numerical values stem from the occurrence of a random event.
Probability
Probability is a measure of the likelihood that an event will occur, often expressed as a number between 0 and 1, where 1 indicates certainty.
Mutually Exclusive Event
Situations or events that cannot occur at the same time, meaning the occurrence of one event precludes the occurrence of the other.
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