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A manager makes decisions very quickly and requires little information for making the decisions.Which of the following is a likely reason for this?
Standard Deviation
A statistical measure that quantifies the dispersion or spread of a set of data points relative to its mean.
Median
The median is the central number in a set of data that has been organized in either increasing or decreasing sequence.
Bimodal Data
A distribution of data showing two distinct peaks or modes, indicating two predominant values within the dataset.
Population Mean
The mean of all members of a whole population, representing the central tendency of the population data.
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