If a Large Data Set Can Be Assumed to Be

question 83

True/False

If a large data set can be assumed to be normally distributed, then a business analyst could apply the normality rule to determine a range with approximately 60% of the data.

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Definitions:

Implied Warranty

A legal guarantee that the product sold will be of satisfactory quality and fit for purpose, even if not explicitly stated.

Possession

The state of having in one's control or owning something.

Landlord's Lien

A legal right granted to landlords to claim tenants' personal property to recover unpaid rent or damages.

Held Harmless

A legal principle where one party is protected or exempt from liability for damages or penalties.