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Nonmanagement Employees Have Access to the Information to Make Decisions

question 26

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Nonmanagement employees have access to the information to make decisions that previously were made by managers - a trend called ____ users.


Definitions:

Empirical Distribution

An empirical distribution is a probability distribution derived from observed data, without assuming any initial distribution model.

Fit Distribution

The process of determining which probability distribution best matches a set of data.

Bootstrap Tool

A statistical method used for estimating the distribution of a statistic by resampling with replacement from the original data.

Lowest Average Profit

The minimum average profit realized over a specified period.

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