Examlex
Which of the following would be considered a retailer?
Uniform Random Variable
Represents a variable that has a uniform distribution over a certain interval, meaning each value within the interval is equally likely to occur.
Probability Density Function
A function that describes the relative likelihood for a continuous random variable to occur at a point in the possible range of values.
Uniform Random Variable
A type of continuous random variable where all intervals of the same length have an equal probability of occurring.
Continuous Random Variable
A variable capable of assuming any value out of countless possibilities within a specified interval.
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