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A Manager Makes Decisions Very Quickly and Requires Little Information

question 3

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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?


Definitions:

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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