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When considering management,the entrepreneur should be concerned about
Dispersed Distribution
Refers to how spread out or scattered the data points are within a distribution.
Weighted Mean
An average in which each quantity to be averaged is assigned a weight, reflecting its importance or frequency.
Geometric Mean
The nth root of the product of n numbers, used to calculate average rates of return or growth over time for variables that fluctuate multiplicatively.
Data Value
A specific piece of information, often numerical, that is collected, analyzed, or stored as part of a data set.
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