Examlex
If you wish to compare two data sets of different sizes, it is usually a good idea to convert frequency distributions to relative frequency distributions.
Minimum Wage
The lowest legal salary that employers can pay their workers, often established by government laws.
Mom And Pop
Small, independent, often family-owned businesses that operate on a local level, offering personalized services.
Chain Restaurants
Chain restaurants are a series of restaurants owned by the same company or individual, offering a standardized menu across different locations.
Competitive Advantage
The attributes or conditions that allow a company to produce a good or service at a lower price or in a more desirable fashion for customers than its competitors.
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