Examlex
Identify the letter of the choice that best matches the phrase or definition.
-Appears two lines below the last line of a message in a letter.
Poisson Random Variable
A type of random variable that expresses the probability of a given number of events happening in a fixed interval of time or space, assuming events occur with a known constant mean rate and independently of the time since the last event.
Average Number
The arithmetic mean, calculated as the sum of all values in a set divided by the number of values in the set.
Event Occurs
Indicates the happening of a specific condition or outcome within a statistical experiment.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values; a low standard deviation indicates that the values are close to the mean.
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