Examlex
Which of the following will occur if aggregate demand is below full-employment GDP?
Continuous Random Variable
A type of random variable that can take an infinite number of values in a continuous range.
Probability Mass Function
A function that gives the probabilities of discrete outcomes.
Binomial Distribution
A probability distribution that summarizes the likelihood that a value will take one of two independent states under a given number of observations.
Expected Value
The long-run average value of repetitions of an experiment it represents, often used in probability and statistics.
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