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A Pairwise Comparison Matrix Summarizes the Pairwise Comparisons for a Criterion

question 51

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A pairwise comparison matrix summarizes the pairwise comparisons for a criterion.


Definitions:

Probability

The likelihood of occurrence of an event, often represented as a value between 0 and 1.

Binomial Probability

The probability of achieving a specific number of successes in a fixed number of Bernoulli trials with the same probability of success on each trial.

Normal Curve

A bell-shaped curve that is symmetrical about the mean, representing the distribution of a continuous random variable.

Continuity Correction

An adjustment made when using a continuous probability distribution to approximate a discrete distribution.

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