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The key difference between the binomial and hypergeometric distribution is that with the hypergeometric distribution
Entrepreneurship
The act of launching, managing, and developing a business venture in order to gain profit by taking on financial risks in the corporate world.
Entrepreneurs
Individuals who create, organize, and manage enterprises, especially businesses, usually with considerable initiative and risk.
Mistakes
Actions or decisions that are wrong or inaccurate, often resulting from bad judgment or a lack of information.
External Locus of Control
A psychological concept where individuals believe that their successes or failures result from external factors beyond their control, rather than their own efforts.
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