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You work in a small office of fewer than 20 employees that has no dedicated IT staff. As the resident tech expert, you are called on to deal with computer issues and tech-related decisions. Lately this has been taking up more of your time and you feel it is no longer an efficient arrangement. You speak to your boss about contracting with an IT company to oversee these needs, and she tells you to research some options. Your first web search, technology companies, yields over 200 million results. Discuss some ways to refine this search and come up with some relevant hits.
One Parameter
Refers to statistical models or distributions that are characterized by a single variable that defines their behavior or shape.
Probability Distribution
A mathematical function that calculates the likelihood of various possible results in an experiment.
Uniformly Distributed
A distribution where all outcomes are equally likely across the range of the distribution.
Random Variable
A variable whose possible values are outcomes of a statistical experiment and which can vary randomly.
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