Examlex
Folkways are unwritten,informal codes of conduct that prescribe appropriate
behavior in particular situations and are considered important by most members of a group or organization.
Known Values
Refers to parameters or factors in an equation or scenario that are already specified or determined.
Expected Values
The predicted average of all possible outcomes of a random variable, weighted by their probabilities.
Weighted Average
A calculation that takes into account the varying degrees of importance of the numbers in a data set.
Mean Values
Statistical measures representing the average value in a set of data, calculated by summing all observations and dividing by the number of observations.
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