A Measure of Spread of Data Is Called

question 3

Multiple Choice

A measure of spread of data is called

• A)standard deviation
• B)mean
• C)range
• D)skewness

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Definitions:

Customer Arrivals

Refers to the occurrence of customers appearing or entering a space, such as a store or website, over a period of time, critical in demand forecasting and operations management.

Customer Arrivals

The rate or pattern at which customers enter a service area, store, or website, crucial for demand forecasting and resource planning.

Empirical Distribution

An empirical distribution is a probability distribution derived from observed data, without assuming any initial distribution model.