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In a short essay,discuss the following three shortcuts frequently used in judging others: assuming similarity,stereotyping,and halo effect.
λ
Lambda (λ) often represents the rate at which events occur in a Poisson distribution or the decay constant in exponential decay models.
M/M/1
A queueing model notation representing a system with a single server, where arrivals follow a Poisson process, and service times are exponentially distributed.
Utilization
The ratio of the time that a resource is actually used to the time it is available for use, often measured to assess efficiency in operations.
μ
A symbol often used to represent the mean or average value of a set of numbers in statistics.
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