Examlex
Explain the factors that affect supplier power.
Probability Distribution
A function or rule that assigns probabilities to each value of a random variable, showing how probabilities are distributed over its possible values.
Poisson Distribution
A probability distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space if these events happen with a known constant mean rate and independently of the time since the last event.
Occurrences
Instances or examples of something happening; events that take place.
Specified Interval
A defined range or period, often set for a particular purpose or task, indicating the precise limits within which something operates or occurs.
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