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In 1975,Bill Gates and Paul Allen founded
Probability of Success
The likelihood that an event will occur as desired, often represented as a number between 0 and 1.
Mean
The average of a set of numbers, calculated by dividing the sum of these numbers by the count of the numbers in the set.
Binomial Distribution
A probability distribution that summarizes the likelihood that a value will take one of two independent states under a given number of trials.
Without Replacement
A sampling method where each selected unit or item is not returned to the pool of potential selections for subsequent draws.
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