Examlex
Ad hoc balancing is used to determine the proper awards or penalties when judges make equity rulings.
Distribution
In business, refers to the process of making a product or service available to the consumer or business user who needs it. In statistics, it describes the way in which values in a dataset are spread out.
Standard Deviation
A statistical measure that quantifies the amount of variation or dispersion of a set of data values from the mean.
Squared Deviation
A statistical measure showing the dispersion of data points. It represents the square of the difference between an observed value and the mean of the dataset.
Mean
The mathematical average of a set of numbers, calculated by adding them together and dividing by the number of terms.
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