Examlex
The expenditure approach to measuring GDP includes firms' spending on wages.
Expected Value
The expected value is the long-run average value of repetitions of an experiment it represents, often used in probability and statistics.
Poisson Distribution
A probability distribution that represents the likelihood of observing a certain number of events within a specified time or space interval.
Poisson Distribution
A probability distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space, assuming these events occur with a known constant rate and independently of the time since the last event.
Discrete Random Variable
A variable that takes on a countable number of distinct values, often used in probability theory and statistics.
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