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Anna Is a Competitive Runner

question 22

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Anna is a competitive runner.She wants to improve her performance and decides to keep track of data for six months to determine if the time of day or year she runs affects her performance.Her worksheet contains the following data: start and end time, total time, and distance.After three months, Anna wants to the know the average distance she runs.What should she do to calculate the average distance?


Definitions:

Horizontal Merger

A business consolidation that occurs between firms operating in the same industry, often aimed at achieving economies of scale, efficiencies, or increased market share.

Vertical Merger

A vertical merger involves the combination of companies that operate at different stages of the production process for a specific good or service, aiming to increase efficiency or control over supply chains.

Conglomerate Merger

A type of merger where two or more companies in unrelated business sectors combine.

Monopolizing

involves the domination of a market by a single producer or company, reducing competition and potentially controlling prices and supply in that market.

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