Examlex
Despite the amount of media attention focusing on lawsuits and damage settlements, an organization's likelihood of being sued is relatively small.
Normally Distributed
Describes a probability distribution that is symmetrical about the mean, implying that the bulk of the data points lie close to the mean.
Middle 95%
Refers to the central 95% portion of a data set or probability distribution, commonly associated with a confidence interval.
Uniformly Distributed
Describes a distribution where all outcomes are equally likely across the distribution's range.
Travel Time
The duration required to move from one location to another, which can vary based on mode of transport and conditions.
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