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Demonstration Approaches can be used by which of the following business types?
Standard Deviation
A measure of the dispersion or spread of data points in a dataset relative to its mean.
Sum Squared Deviations
The sum of the squares of each data point's deviation from the mean, a measure used in statistics to quantify variability within a data set.
Sample Mean
The average computed from a sample set of data, representing the central tendency or typical value of the sampled population.
Median
The middle value in a data set, which divides the set into two equal halves.