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Customers Can Build Their Own Bicycle at SevenCycles

question 125

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Customers can build their own bicycle at SevenCycles.com by answering a few questions and choosing from a menu of options. The design of a precise bicycle is made possible through the use of a


Definitions:

IQR

Interquartile Range, a measure of variability that indicates the spread of the middle 50% of a dataset.

Standard Deviation

An indicator of the range of variability or spread within a series of numbers, showing the extent to which these numbers deviate from the average.

Mean Price

Mean price is the average price of a set of goods or services, calculated by dividing the total price by the number of items.

Item

An individual article or unit, especially one that is part of a list, collection, or set.

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