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With a Computerized Database, the Computer Stores the Data in an Electronic

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With a computerized database, the computer stores the data in an electronic format on a storage medium such as a hard disk.


Definitions:

Sales Capacity

The maximum volume or number of sales that a company can achieve within a specific period, considering its resources and constraints.

Future Sales

The anticipated revenue from goods or services that will be sold in a future period, often based on contracts, orders, or market analysis.

Null Hypothesis

A default assumption that no difference or effect exists among groups being studied or variables being tested.

Test Statistic

A numerical value calculated from sample data, used in statistical hypothesis testing to determine the likelihood of a hypothesis.

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