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Dwayne,the sales manager of IT Sales,mentioned to his assistant,Marla,"I just got off the phone with one of our best customers and he told me about quite a few customer service issues,and I'm glad he took the time to call.You know most people will not call companies when they have a problem;they just tell friends,family,and coworkers." This statement about who customers call when complaining about faulty customer service is accurate.
Probability Density Functions
Functions that describe the relative likelihood for a continuous random variable to take on a given value.
Continuous Random Variables
Variables that can take an infinite number of values within a given range, often associated with measurements in time, distance, or temperature.
Area Under the Curve
A measure used in various statistical analyses to quantitatively summarize the shape of a curve, often related to the performance of a model or the distribution of data.
Standard Normal Random Variable
A random variable that has a mean of zero and a standard deviation of one, following a normal distribution.
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