Examlex
Can a trade or business expense be deductible if it is necessary but not ordinary?
Probability Distribution
A function that describes the likelihood of obtaining the possible values that a random variable can assume.
Expected Value
The long-run average value of a random variable over numerous trials, a fundamental concept in probability.
Repeats Of The Experiment
The multiple performances of an experimental procedure to verify the initial results and to reduce the impacts of random errors.
Defective Parts
Refers to the components or items that do not meet the quality standards or specifications and are unfit for use.
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