Examlex
_____ can help a firm implement an exact formula for procuring materials in the most efficient, cost-effective way possible and can update variables in real time to compensate for any changes in conditions.
Histogram
A graphical representation of the distribution of numerical data, where the data is divided into bins or intervals, and the frequency of the data within each bin is depicted.
Frequency Distribution
A summary of how often each different value occurs in a dataset, typically represented in a table or graph.
Pie Graph
A type of graph in which a circle is divided into sectors that each represent a proportion of the whole.
Frequency Distribution
A statistical tool showing how the numbers are distributed across various values in a dataset.
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