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Anatomy: Discrete Random Variable
... IN WORDS: We may expect this machine to break down on average 1.80 times during a given week. This DOES NOT mean this machine will break down exactly 1.80 times during a given week. (Actually, a machine cannot break down 1.8 times). This simply means that if we observe for many weeks, this machine w ...
... IN WORDS: We may expect this machine to break down on average 1.80 times during a given week. This DOES NOT mean this machine will break down exactly 1.80 times during a given week. (Actually, a machine cannot break down 1.8 times). This simply means that if we observe for many weeks, this machine w ...
Econ 201/202 Review of Essential Math and Graphing Skills
... The relationship between two variables is linear when it can be represented by a straight line. Few economic relationships are actually linear. ...
... The relationship between two variables is linear when it can be represented by a straight line. Few economic relationships are actually linear. ...