Examlex
A job consists of a series of three tasks. Task 1 is performed correctly 98% of the time, task 2 is performed correctly 99% of the time, and task 3 is performed correctly 97% of the time. What is the reliability of this job?
Range
The difference between the highest and lowest values in a set of data, indicating the spread or dispersion.
Standard Deviation
An indicator of the extent of variability or spread in a dataset, showing the degree to which the values deviate from the average.
Median
The middle value of a data set when it is arranged in ascending or descending order.
10th Percentile
A value below which 10% of the data fall, often used in statistics to show lower extremes of a distribution.
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