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You are walking into a store when a man rudely cuts in front of you,almost shoving you against a store display."What a jerk!" you think to yourself until you see the same man performing an emergency tracheotomy on a women with a collapsed windpipe in the store.You have just
Variance
A statistical measurement of the dispersion or spread of a set of data points, indicating how much the individual data points differ from the mean.
Normally Distributed
Relates to a distribution that follows a normal distribution, with data symmetrically distributed around the mean.
Gasoline Prices
The cost per unit volume of gasoline, which can fluctuate based on several factors including crude oil prices, demand, taxes, and regulations.
Continuous Probability Distribution
A function that describes the probability of a continuous random variable falling within a certain range of values.
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