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Sandy is a very competent technical expert, but her coworkers will not go to her for advice, seeking out the more likable, albeit less competent, Bob instead. From this scenario, we can infer that Sandy is a
Population Proportion
The percentage of individuals in a population who share a certain characteristic or attribute.
Expected Value
The expected value of a random variable is the long-run average value of repetitions of the experiment it represents.
Normal Approximation
A method used to estimate the probabilities of a binomial distribution by approximating it with a normal distribution, especially useful for large sample sizes.
Binomial Distribution
An analytical model that represents the probability of a variable adopting one out of two distinct values, contingent upon specified parameters.
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