Examlex
In breakeven analysis adjusted for a profit factor,increasing the unit sales price will decrease the number of units needed to meet the targeted profit.
Weight Gain
An increase in body weight, which can be due to muscle mass increase, fat accumulation, or other factors.
Probability Distribution
A mathematical description of the likelihood of different outcomes in an experiment, showing how probabilities are distributed over a range of values.
Variance
A statistical measure that represents the average squared deviation from the mean, indicating how spread out a data set is.
Law of Total Probability
A fundamental rule that provides a way to break down the probabilities of complex events into more manageable pieces.
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