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In Effect,there Is No Creation Cost or Time in a Sole

question 101

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In effect,there is no creation cost or time in a sole proprietorship,since there is nothing to create.


Definitions:

Sample Mean

The average of all the data points in a sample set from a population.

Squared Deviations

The squares of the differences between each value in a set and the mean of the set, used in various statistical computations including variance.

Standard Deviation

An indicator that evaluates the degree of scatter or inconsistency in a dataset in relation to its mean.

Salespersons

Individuals who are employed to sell products or services to customers, often working on commission.

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