Examlex
Using dynamic pricing a company monitors price changes on a constant basis and adjusts its prices effortlessly.
Measures of Dispersion
Mathematical computations that represent the diversity or range within a collection of numerical values.
Range
The difference between the maximum value and minimum value in a data set.
Central Tendency
Statistics referring to the middle or typical value within a dataset, represented by measures such as mean, median, and mode.
Mean
The arithmetic average of a set of numbers, calculated by adding all the numbers together and dividing by the count of those numbers.
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