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A Bookshop Records How Many Copies of a Statistics Textbook

question 3

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A bookshop records how many copies of a Statistics textbook are sold each day for a week. The results are: 4, 5, 1, 2, 0, 8, 5. What is the range of this set of data?

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Definitions:

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The potential for losses or uncertainties in business operations due to political decisions, conditions, or changes in a country.

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An increase in the efficiency of production, often through better utilization of resources, leading to greater output for the same amount of input.

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Factories in Mexico, typically owned by foreign companies, that import raw materials and produce goods for export, benefiting from lower labor costs.

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Facilities where raw materials are transformed into finished goods through various processes and machinery.

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