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The coordinates of absolute location are useful mainly in determining exact:
Arithmetic Mean
The sum of a collection of numbers divided by the count of numbers in the collection, often used as a measure of central tendency.
Investment
Allocation of resources, usually financial, in assets or projects expected to yield returns over time.
Chebysheff's Theorem
A statistical rule stating that for any dataset, regardless of distribution, a certain proportion of values will fall within a specified number of standard deviations from the mean.
Empirical Rule
A statistical rule stating that for a normal distribution, nearly all data will fall within three standard deviations of the mean.
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