What was inventory turnover for 2015?
Definitions:
Mutually Exclusive
Events or outcomes that cannot happen at the same time, meaning the occurrence of one event excludes the possibility of the other event.
Relative Frequency
The ratio of the number of times a particular value or category occurs to the total number of observations.
Total Number
The aggregate count of all units or elements in a set or group.
Qualitative Variable
A variable that describes or categorizes an attribute or quality of an element, often represented as names or labels and not quantifiable.
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