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The local amusement park was interested in the average wait time at their most popular roller coaster at the peak park time (2 p.m.) . They selected 13 patrons and had them get in line between 2 and 3 p.m. Each was given a stopwatch to record the time they spent in line. The times recorded were as follows (in minutes; mean = 114.15) : 118, 124, 108, 116, 99, 120, 148, 118, 119, 121, 45, 130, 118.
What is the range?
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Individuals responsible for the strategy, roadmap, and feature definition for a product or product line, and for overseeing its development, launch, and ongoing improvement.
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A pricing strategy aimed at covering basic operational costs to remain in business during tough economic times.
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A legal process for individuals or entities that cannot repay their outstanding debts, allowing for the resolution of debts through the liquidation or reorganization of assets.
Discounting
The practice of reducing the selling price of goods or services, often to attract customers or accelerate sales.
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