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The Three Parameters Required to Specify a Triangular Distribution Are

question 56

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The three parameters required to specify a triangular distribution are the minimum,mean,and maximum.


Definitions:

Free Range Eggs

Eggs that come from chickens that have been given the freedom to roam outdoors, rather than being confined in small cages.

Cartons

Containers usually made of paperboard or cardboard used for storing and transporting goods.

Income Elasticity

The degree to which consumer demand for a product shifts following alterations in their financial earnings.

Inferior

A type of good for which demand decreases as the income of consumers increases.

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