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The Company for Which Maria Works Has Announced That Due

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The company for which Maria works has announced that due to declining global sales, it will lay off 12 percent of its labor force. This is an example of


Definitions:

Standard Deviation

A statistical measure that quantifies the variation or dispersion of a set of numerical values.

Z-Scores

Standardized scores that indicate how many standard deviations an element is from the mean.

Standard Normal Distribution

A probability distribution that has a mean of zero and a standard deviation of one.

Normal Distributions

An evenly balanced probability distribution centered around the mean, where data points close to the mean occur with greater frequency than those at a distance.

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