Examlex
The heading of a work sheet might include the line "For the Year Ended December 31,2013."
Successes
Refers to the number of times a desired outcome occurs in a given scenario.
Failure Probabilities
The likelihood or chance that a system or component will fail to perform its intended function.
Cumulative Binomial Probability
The probability of achieving a specific number of successes in a given number of trials in a binomial experiment, calculated up to that point.
Defective Balls
Balls that fail to meet the specified criteria for quality and performance due to manufacturing defects.
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