Examlex
When two firms in one industry join together to hold a greater share of the industry,it is regarded as a consolidation.
Normal Distribution
A symmetric probability distribution centered around the mean, indicating that occurrences close to the mean are more common than those far away from it.
Confidence Interval
A spectrum of values calculated from statistcal samples which is expected to cover the value of a not yet known population trait.
Non-Normal Population
A population that does not follow a normal distribution, characterized by skewness, kurtosis, or other non-normal traits.
Bootstrap Procedure
A resampling method used to estimate the distribution of a statistic by repeatedly sampling with replacement from the data set.
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