Examlex
A ____ occurs when the businesses involved operate at the same level of the market and generally in the same market.
Mean
The average value of a set of numbers, indicating the central point of a data distribution.
Standard Normal
A normal distribution with a mean of zero and a standard deviation of one, used as the basis for z-scores in statistics.
Standard Deviation
A metric that calculates how much a dataset's values spread out or diverge from their average.
Normally Distributed
Refers to a type of continuous probability distribution where data points are symmetrically distributed around the mean, forming a bell-shaped curve.
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