Examlex
The company can develop its own subsidiary, referred to as ____________________, which represents a costly proposition.
Binomial
Pertaining to a probability distribution or experiment where each trial has two possible outcomes.
Probability of Success
The likelihood or chance of an event happening that is considered a favorable outcome.
Normal Curve
A symmetric bell-shaped curve that represents the distribution of many types of data; most values remain near the mean and the frequencies decrease further from the mean.
Binomial Probability
The probability of obtaining a fixed number of successes in a set number of trials in an experiment with two possible outcomes.
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