Examlex
What is the trend called when a U.S.company outsources IT functions to other countries that are geographically far away?
Uniform Distribution
A probability distribution in which all outcomes are equally likely across a defined interval.
Subway Waiting
The duration of time spent waiting for a subway train to arrive, often of interest in studies of public transportation efficiency and commuter satisfaction.
Standardized
Refers to the process of subtracting the mean and dividing by the standard deviation for each data point in a dataset, resulting in a z-score.
Variance
A measure of the spread of a set of numbers, calculated as the average squared deviation from the mean.
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