Examlex
Why do different names exist related to the central notion of competence, such as capability, distinctive competence, core competence, dynamic capability, etc?
Mode
The value that appears most frequently in a data set, representing the highest peak in a distribution.
Extreme Values
The lowest or highest points in a data set, which are significant for analyzing behavior in statistical models, particularly in risk management and survival analysis.
Median
The middle value in a list of numbers arranged in ascending order, or the average of the two middle numbers if the list has an even number of items.
Central Location
A central or typical value for a probability distribution, often represented by the mean, median, or mode.
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