Examlex
A business that neglects to protect its intellectual property may have its ideas taken with impunity by a competitor.
Standard Deviation
An indicator of the spread of a dataset relative to its mean, used to quantify the degree to which individual data points differ from the average.
Monthly Production
The total output or production of a manufacturing process or facility in a single month.
Probability Distribution
Describes how the values of a random variable are distributed, showing the probabilities of different outcomes occurring.
Variance
A measure of the spread or dispersion of a set of values, calculated as the average of the squared deviations from the mean.
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