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Brent and Leigh Have Been Haggling for a Long Time

question 102

Multiple Choice

Brent and Leigh have been haggling for a long time. Brent agrees to let Leigh have a small percentage off the price, but she does not feel it is enough. Eventually, they both give up something in order to agree on a price, but neither is satisfied with the outcome. This scenario illustrates which concept below?


Definitions:

Modality

The characteristic of data or signals that refers to the method or medium of communication or expression.

Skewed

Describes a distribution that is not symmetrical, with data points that are disproportionately clustered at one end or the other.

Symmetrical

In statistics, refers to a shape or distribution that is the same on both sides of the center.

Positively Skewed

A distribution shape where the tail is longer on the right side, indicating that there are a number of exceptionally high values.

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