Examlex
Which statement is NOT an accurate representation of pay equity?
Valid Probability
A numerical value representing the likelihood of an event, where the probability is between 0 and 1, inclusive.
Poisson Random Variable
Represents a statistical measure that models the number of times an event happens in a fixed interval of time or space when these events occur with a known constant mean rate independently of the time since the last event.
Standard Deviation
A measure of the amount of variation or dispersion in a set of values, calculated as the square root of variance.
Discrete Random Variable
A type of random variable that can take on a countable number of distinct values, often used to model scenarios where outcomes are countable.
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