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Binomial Distribution
A probability distribution that summarizes the likelihood that a variable will take one of two independent values under a given set of parameters or assumptions.
Tornado Chart
A type of bar chart used in sensitivity analysis to compare the relative importance of different variables.
Market Size
The total volume or value of sales within a market over a specific time period.
Test Drives
The practice of operating a vehicle by potential buyers to evaluate its features, performance, and suitability before purchase.
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