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​Match Each Item with the Correct Statement Below

question 157

Multiple Choice

​Match each item with the correct statement below.
-the density of water vapor in the air

Apply the formulas for expected value, standard deviation, and probability in binomial and normal distributions.
Understand the importance of sample size in approximating binomial distributions with normal distributions.
Apply knowledge of probability distributions to interpret and perform calculations regarding real-life scenarios.
Understand the concept of probability in the context of random sampling and its calculation in different scenarios.

Definitions:

3-D Printers

3-D printers are machines that create three-dimensional objects by adding material layer by layer, based on digital models.

Third Industrial Revolution

The period characterized by the digital revolution and the use of electronics and information technology to automate production.

Law of Diminishing Returns

A principle stating that as one factor of production is increased while others are held constant, there comes a point at which the marginal gain in output begins to decrease.

Long Run

A period in which all factors of production and costs are variable, allowing for complete adjustment to changes.

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