Examlex
A(n) ________ decision is a repetitive decision that can be handled by a routine approach.
Midrange
The statistical measure calculated as the mean of the highest and lowest values in a data set, providing a simple estimation of the data’s central tendency.
Arithmetic Mean
The average of a set of numerical values, calculated by adding them together and then dividing by the number of values.
Largest Values
The highest numbers or quantities in a data set, often used in statistical analysis to determine the upper extremities.
Outlier
A data point that significantly differs from other observations in a data set, often indicating variability in a measurement or a novel discovery.
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