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Apple Computer, Inc. collected information on the age of their customers. The youngest customer was 12 and the oldest was 72. To study the distribution of the age among its customers, it can use a Pareto chart.
Investment Requirements
The necessary financial or other resources needed to undertake an investment or to enter a specific market.
Business Plan
A detailed document outlining the strategy, objectives, financial projections, and operational guidelines for a new or existing business.
Risks Involved
The potential negative consequences or uncertainties associated with actions, decisions, or activities that may lead to loss or undesirable outcomes.
Rigid Process
A fixed or inflexible procedure or set of rules that does not easily adapt to changes or exceptions.
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