Forecasting Is an Important Feature of Planning

question 8

True/False

Forecasting is an important feature of planning

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Definitions:

Variation

The occurrence of differences within and among living organisms, resulting from genetic diversity or environmental factors.

Means

An average or central value derived from a set of numbers by adding them together and dividing by the number of values in the set.

Standard Deviation

A measure that quantifies the amount of variation or dispersion of a set of data values.

Normal Distribution

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