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_____ Allows a Buying Organization to React More Quickly When

question 83

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_____ allows a buying organization to react more quickly when risk events occur by already having previously prepared plans and proposed responses in place in advance of the actual event.


Definitions:

Confidence Interval

A range of values derived from sample statistics that is likely to contain the true population parameter with a given level of confidence.

Standard Error

A measure of the variability or dispersion of a sample statistic from the population parameter it estimates.

Mean

The average of a set of numerical values, calculated by adding them together and dividing by the number of terms in the set.

Confidence Interval

An interval of values, derived from statistics gathered from a sample, expected to cover the value of a hidden parameter in a population.

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