Examlex
If this is an open economy, the price of a car will be ________.
Discrete Random Variables
Random variables that take on a countable number of distinct values.
Continuous Random Variables
Variables that can take on any values within a continuous range, as opposed to discrete variables that have specific, separate values.
Normal Distribution
It's a probability distribution where the frequency of data decreases as the distance from the mean increases, exhibiting symmetry about the mean.
Standard Deviation
A statistical measure that quantifies the dispersion or spread of a set of data points around their mean.
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