Uniform distribution with mean and standard deviation
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Business Statistics For Dummies. The uniform distribution is used to describe a situation where all possible outcomes of a random experiment are equally likely to occur. You can use the variance and standard deviation to measure the “spread” among the possible values of the probability distribution of a random variable ...
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Business Statistics For Dummies. The uniform distribution is used to describe a situation where all possible outcomes of a random experiment are equally likely to occur. You can use the variance and standard deviation to measure the “spread” among the possible values of the probability distribution of a random variable .
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