Examlex
Reserve requirements exist primarily to prevent bank failures.
Capital Punishment
A legally sanctioned practice where a person is put to death by the state as a punishment for a crime.
Uniformly Distributed
This term characterizes a distribution in which all intervals of the same length within its range have an equal probability of containing a point from the data set.
Goodness of Fit
A statistical analysis to describe how well a model fits a set of observations. It measures the discrepancy between observed and expected values.
Hypothesized Probability Distribution
A specified probability distribution based upon assumptions or theories, prior to analyzing data.
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