Examlex
Assume that the demand for computer programmers drops precipitously. Explain using Keynesian reasoning why this will cause unemployment.
Poisson Distribution
A probability distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space if these events happen with a known constant mean rate and independently of the time since the last event.
Occurrences
Instances or examples of something happening; events that take place.
Specified Interval
A defined range or period, often set for a particular purpose or task, indicating the precise limits within which something operates or occurs.
Binomial Experiment
An experiment having the four properties stated at the beginning of Section 5.5.
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