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A Method That Helps You to Better Understand How a System

question 68

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A method that helps you to better understand how a system fits within existing business activities and data best defines:


Definitions:

Normal Distribution

A probability distribution that is symmetric around the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.

Continuous Random Variable

A random variable that may assume any numerical value in an interval or collection of intervals.

Standard Normal Distribution

The Standard Normal Distribution is a normal distribution with a mean of 0 and a standard deviation of 1, used in statistical analysis for z-scores.

Z Score

A statistical measurement that describes a value's relationship to the mean of a group of values, measured in terms of standard deviations from the mean.

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