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A cost is considered direct if it can be traced to a particular cost object in a cost effective way which means it can be
Numerical Variables
Variables that represent quantifiable data, allowing for mathematical operations to be performed on them.
Poisson Distribution
A probability distribution that expresses the likelihood of a given number of events occurring in a fixed interval of time or space.
Normal Distribution
A type of continuous probability distribution for a real-valued random variable, characterized by a symmetric bell-shaped curve.
Binomial Distribution
A probability distribution that summarizes the likelihood that a variable will take one of two independent values under a given set of parameters.
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