Examlex
A news story about a product is an example of sales promotion.
Sample Space
The collection of all potential results or outcomes from a probabilistic experiment.
Discrete Random Variables
Random variables that take on a countable number of distinct values.
Continuous Random Variables
Variables that can take on any values within a continuous range, as opposed to discrete variables that have specific, separate values.
Normal Distribution
It's a probability distribution where the frequency of data decreases as the distance from the mean increases, exhibiting symmetry about the mean.
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