Examlex
What are the objectives of frequent-shopper programs?
Coefficient of Variation
A statistical measure that shows the dispersion of data points or distribution relative to the mean, usually expressed as a percentage.
Standard Deviation
It quantifies the dispersion of a dataset relative to its mean, indicating how spread out the data points are.
Variance
A measure of the spread between numbers in a data set, indicating how far each number in the set is from the mean.
Range
The difference between the highest and lowest values in a set of data.
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