Examlex
The weights assigned to factors when assessing country risk should always be higher for the political risk factors than the financial factors.
Normal Curve
A symmetric, bell-shaped curve that represents the distribution of many types of data; most scores are near the average, and frequencies decrease as you move away from the center.
Binomial Random Variable
A type of random variable that arises from a binomial experiment, representing the number of successes in a fixed number of independent Bernoulli trials.
Sampling Distribution
Distribution probabilities of a given statistic, ascertained through random sampling.
Standard Deviation
An indicator of the extent of variability or spread within a collection of numbers, illustrating the degree to which these numbers diverge from one another in a dataset.
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