Examlex
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Random Variable
A variable whose values depend on outcomes of a random phenomenon. It can be discrete or continuous.
Standard Deviation
A metric that quantifies the spread or variation of a dataset in comparison to its average value.
Normal Model
A probability distribution that is symmetrical around the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.
Standard Deviation
A criterion for evaluating the extent of scattering or variation present in a dataset.
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