Examlex
If both of a person's parents are obese,he or she still has only a 10 percent higher chance of becoming obese than a person with parents who are both not obese.
Forecasts
Predictions about future events, such as sales, economic trends, or weather, based on historical data and analysis.
Expected Value
A calculated average of all possible values for a random variable, weighted by their probabilities, used in statistics and economics to determine the most likely outcome.
Mature Products
Products in the final stage of their product life cycle, characterized by a slowdown in sales growth and market saturation.
Stable Demand
A market condition where the desire for a product or service remains constant over a period of time.
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