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Which of the following is a TRUE statement?
Frequencies of Repairs
Frequencies of Repairs refer to the number of times repairs have been made within a specific period, indicating the maintenance needs or reliability of an item.
Automobile Manufacturer
A company engaged in the designing, production, marketing, and selling of motor vehicles.
Sample
A subset of individuals or observations selected from a larger population, used to infer or make predictions about the population.
Poisson Distribution
A probability distribution that measures the probability of a given number of events happening in a fixed interval of time or space when these events occur with a known constant mean rate and independently of the time since the last event.
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