Examlex
When a problem is frequent, repetitive, and routine, with much certainty regarding cause-and-effect relationships, a ________ decision may be taken.
Median
The middle value in a dataset when it is arranged in ascending or descending order, or the average of the two middle values if the dataset has an even number of observations.
Extreme Values
Extreme values refer to observations that are significantly higher or lower than the majority of the data in a data set, often leading to skewed analysis results.
Second Quartile
The median of a dataset, representing the 50th percentile or the middle value when the data is ordered.
Weights
Weights are numerical values assigned to variables or observations, indicating their relative importance or contribution in statistical analysis or computations.
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