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If fixed costs do not change, then marginal cost
Mean
The average of a set of values, calculated by summing them up and dividing by the number of values.
Data Set
A collection of data, often organized in a structured format, that can be analyzed to find patterns, trends, or to answer specific questions.
Extreme Values
The maximum and minimum values in a data set, often of particular interest for identifying outliers.
Bell Shaped
A term often used in statistics to describe the symmetrical, bell-like curve of a normal distribution.
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