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Figure 16-9
-According to Figure 16-9 above, if D represents the entry of new forms of the outlet into categories where older ones exist, where would you typically find the highest prices, margins, and status?
Normal Curve
A symmetrical, bell-shaped curve that represents the distribution of many types of data where most values cluster around a central mean.
Z Score
A measure of how many standard deviations an element is from the mean.
Distance From The Mean
The absolute difference between a specific value and the average of all values in a dataset.
Z Scores
Standardized scores that indicate how many standard deviations an element is from the mean of the dataset. They are used in statistics to compare different data points.
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