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Construct a frequency distribution that includes an outlier. Construct the corresponding histogram. Then, construct the corresponding histogram without including the outlier.
How much does the outlier affect the shape of the histogram?
Marketing Plans
Outlines that strategize the approach for promoting and selling products or services.
Profit Equation
A calculation that subtracts total expenses from total revenue, determining the financial gain of a business operation.
Total Revenue
The total income generated from the sale of goods or services by a business before any expenses are subtracted.
Total Cost
The entire amount of money spent on the production, operation, or acquisition of goods and services, including all variable and fixed expenses.
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