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According to the Chebyshev rule, at least what percentage of the observations in any data set are contained within a distance of 3 standard deviations around the mean?
Cost of Goods Available for Sale
The total cost of inventory that a company has in stock and is available to be sold, including both beginning inventory and purchases made.
Sales Discount
A reduction in the selling price offered by a seller to a buyer, usually to encourage prompt payment.
Sales Allowance
A reduction in the selling price of goods, granted by the seller to the customer for partial refund due to minor defects or issues in the sold goods.
Discount Period
The time frame during which a payment can be made at a reduced rate, often related to invoice payments.
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