Examlex
Explain the difference between fiscal stimulus and fiscal austerity in dealing with the recessions that occurred in many countries after the 2008 financial crisis.
Probability
A measure of the likelihood or chance that a certain event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
Uniform Distribution
A type of probability distribution in which all outcomes are equally likely; each variable has the same probability of occurring.
Electronics Test
The process of using test equipment to evaluate the performance, functionality, and quality of electronic devices and components.
Standard Normal
A type of normal distribution with a mean of zero and a standard deviation of one, used as a reference to determine probabilities of a normal random variable.
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