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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.
Random Variable
A random variable is a variable whose possible values are numerical outcomes of a random phenomenon.
Success Probability
The likelihood or chance of a particular event or outcome happening, often expressed in terms of percentage or decimal.
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