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Influenced By Outliers
This describes the impact that anomalous data points, which differ significantly from other observations, have on statistical analyses, potentially skewing the results.
Mean
The mean is a measure of central tendency that is calculated by adding up all values in a dataset and dividing by the number of values.
Variance
The statistical measurement of the spread between numbers in a data set, indicating how much the elements differ from the mean.
Accounting Data
Financial information and records pertaining to a company's operations, financial position, and cash flows.
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