Examlex
Briefly describe the four major categories of customers in business marketing.Give examples of companies or organizations in each category.
Proportion of Weights
The ratio of an individual weight to the total weight of all items combined, often used in statistical calculations to determine relative importance.
Tchebysheff's Theorem
A statistical rule stating that for any set of data, no matter the distribution, a certain proportion of values will fall within a specified number of standard deviations from the mean.
Empirical Rule
A statistical rule stating that for a normal distribution, nearly all of the data will fall within three standard deviations of the mean.
Median
The middle value in an ordered list of numbers, or the average of the two middle numbers when the list has an even number of observations.
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