Examlex
What does purchasing power parity mean?
Binomial Distribution
A probability distribution that summarizes the likelihood that a value will take one of two independent values under a given set of parameters or conditions.
Binomial Probability Distribution
A probability distribution that summarises the likelihood that a value will take one of two independent values under a given set of parameters or assumptions.
Probability Of Success
Refers to the chance that a given event will occur, often denoted in statistics by the symbol p.
Probability Of Failure
The probability that a system or component will not execute its designated purpose as expected.
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