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Instructions: Please Define the Following Key Terms

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Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
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Understand the functionality and application of formulas and functions in Excel.
Recognize and utilize Excel's charting capabilities to represent data visually.
Identify and apply Excel's view and magnification features for better worksheet management.
Understand the role of logical functions and how to nest them for complex conditions.

Definitions:

Mode

The most commonly occurring value in a set of data.

Coefficient Of Variation

A standardized measure of dispersion of a probability distribution or frequency distribution, calculated as the ratio of the standard deviation to the mean.

Standard Deviation

A statistic that measures the dispersion of a dataset relative to its mean, indicating how spread out the data points are.

Grouped Data

Data that has been organized into categories, classes, or intervals, making it easier to analyze and interpret.

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