Examlex
Frugality is not about being cheap or about deprivation; instead it is about being creative and finding savings and more efficient ways to achieve your objectives.
Continuous Random Variable
A type of random variable that can take on an infinite number of values in a continuum.
Expected Cost
The forecasted average amount of money that would be spent on a particular event or activity.
Mean Cost
The average cost of producing one unit of a product or service, calculated by dividing the total cost by the number of units produced.
Rats
Small rodents often used in scientific research to study genetics, diseases, and the effects of drugs.
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