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Refer to the table.In a choice between the highway and the lighthouse:
Normally Distributed
A statistical term describing a distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.
Standard Deviation
A statistical measure that quantifies the amount of variance or dispersion of a set of data points around the mean or average.
Supply Chain Profit
The total profit generated by all entities involved in the supply chain, from the production of raw materials to the final sale to the consumer.
Vertically Integrated
A business strategy where a company controls multiple stages of production or distribution within the same industry, often from raw materials to final product delivery.
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