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Nikolai knows that what his boss has asked him to do is not in the best interest of the company. He also knows that if he does not do what he was asked to do, he will be written up and put on disciplinary action. He decides instead to do what his boss wants, just slower than his boss may have liked. Nikolai is using the principle of
Binomial Distribution
A probability distribution that summarizes the likelihood that a value will take one of two independent states under a given number of observations.
Uniform Distribution
A type of probability distribution where all outcomes are equally likely; in a continuous uniform distribution, any value within a specified range is equally likely to occur.
Standard Normal Variable
A random variable that has a normal distribution with a mean of zero and a standard deviation of one.
Random Variable
A variable whose possible values are numerical outcomes of a random phenomenon.
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