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Using MIS, One Way to Gain Competitive Advantage Is to Enhance

question 43

True/False

Using MIS, one way to gain competitive advantage is to enhance the product or service by applying technological change.


Definitions:

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, showing how much each value differs from the mean.

Normal Distribution

A bell-shaped curve which describes the spread of a characteristic throughout a population, where most occurrences take place around the central peak and probabilities for values taper off equally towards both tails.

Symmetry

Symmetry in statistics refers to a situation where the two halves of a distribution mirror each other across a central point.

Modality

Refers to the manner or mode in which something exists or is experienced or expressed.

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