Examlex
How do product market conditions determine what an organization can afford to pay?
Mean
A measure of central tendency that is calculated by dividing the sum of values in a dataset by the number of values in the dataset, often referred to as the average.
Median
A statistical measure representing the middle value in a data set, where half the numbers are above and half below.
Mode
In statistics, the value that appears most frequently in a data set; in common usage, a way or manner in which something occurs or is experienced, expressed, or done.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values.
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