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Doug and Meredith are getting divorced, and they have one son in elementary school and one daughter in middle-school. Explain what they can do to limit the amount of problems their children will have with this impending divorce.
Mean Purchase
The average amount of purchases made over a certain period of time or across individuals.
Probability
The expression of an event's likelihood as a number from 0 to 1.
Standard Error
A measure that quantifies the variation or dispersion of sample means relative to the true population mean.
Variance
A measure of the spread or dispersion within a set of data points, calculated as the average of the squared differences from the mean.
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