Examlex
Long-term customer relationships ________ the cost of information collection and make it easier to ________ credit risks.
Poisson Distribution
A probability distribution that measures the likelihood of a given number of events happening in a fixed interval of time or space.
Probability Distribution
A mathematical function that gives the likelihoods of various possible results in an experiment.
Binomial Distribution
A probability distribution that describes the number of successes in a fixed number of independent trials, with each trial having only two possible outcomes.
Binomial Random Variable
A type of random variable that follows the binomial distribution, representing the number of successful outcomes in a fixed number of trials.
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