A Dry Cleaning Establishment Is More Likely to Experience a Wide

question 48

True/False

A dry cleaning establishment is more likely to experience a wide demand fluctuation over time than a cleaning company that specializes in cleaning up after a fire is.

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Definitions:

Standard Deviation

A method for estimating the dispersion or the degree of spread within a range of values.

Mode

The most common number found in a set of data.

Outliers

Data points that differ significantly from the majority of a data set, often indicating a variance or error in measurement.

Variability

The tendency of data points in a dataset to vary from each other and from the mean of the dataset.