Examlex
Explain how to calculate the gross profit ratio and interpret its meaning.
Percentile
A value in a data set below which a certain percentage of observations fall.
STDEV.P(data range)
A function in spreadsheet software that calculates the standard deviation of a dataset, considering the entire population.
STDEV.S(data range)
A statistical function in spreadsheet programs used to calculate the standard deviation for a sample set of data, indicating data variability.
Measures of Central Tendency
Statistical indicators that describe the center point or typical value of a dataset, including the mean, median, and mode.
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