Examlex
In a population of birds, the average beak size is selected against and the large and small sized beaks are selected for. This is an example of
Estimated
A value or quantity that is approximated based on current information or trends, often used in planning and forecasting.
Net Operating Income
The total profit of a company after operating expenses are subtracted from total revenue, but before deducting taxes and interest.
Estimated
An approximation or educated guess based on available data or past experience, often used in budgeting and forecasting financial figures.
Raw Materials
The fundamental materials used in the production process, which are transformed into finished goods.
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