Examlex
The binomial distribution is widely used in business and economic applications involving the probability of discrete occurrences.
Field Devices
Equipment such as sensors, actuators, and transmitters located in the operational environment, directly interacting with the process or physical phenomena being controlled.
Processor
The central part of a computer or other digital systems that interprets and executes instructions.
Hand-Held Programming
The use of portable devices to program or configure machinery and equipment directly on the plant floor.
Continuously Variable Signal
A signal that can assume an infinite number of values within a given range, as opposed to discrete signals.
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