Examlex
What are foreclosures? When do such situations occur?
Standardized Z Values
Values resulting from the standardization process that measures the number of standard deviations a data point is from the mean of its distribution.
Probability
An evaluation of event occurrence likelihood, represented as a numerical value ranging between 0 and 1.
Standard Normal Table
A reference table that provides the area under the curve of the standard normal distribution, often used to find probabilities and critical values.
Mutually Exclusive Events
Two or more events that cannot occur at the same time, making it impossible for them to happen simultaneously in any given trial.
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