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i. The total area within any continuous probability distribution is equal to 1.00. ii. For any continuous probability distribution, the probability, P(x) , of any value of the random variable, X, can be computed.
iii. For any discrete probability distribution, the probability, P(x) , of any value of the random variable, X, can be computed.
Discrete Exchange
A transaction between parties that is distinct and separate, with a clear start and endpoint.
Bureaucratic Administration
A system of management and administration characterized by hierarchical structure, fixed rules, and a clear division of labor.
Lifetime Allegiance
This concept refers to a long-term loyalty or commitment by an individual to an organization, cause, or entity, often spanning the entire duration of one's career or life.
Adaptive Perspective
An approach or mindset that emphasizes flexibility and the ability to adjust to new conditions or environments.
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