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When the Data Includes a Few Extremely Large or Extremely

question 133

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When the data includes a few extremely large or extremely small values,it might be best to use the median value from the sample._________________________


Definitions:

Behavior Sciences

An interdisciplinary field that studies human actions and interactions through the lenses of psychology, sociology, and anthropology.

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or the community.

Competitive Advantage

The attribute that allows an organization to outperform its competitors, often achieved through offering superior value to customers.

Behavioral Sciences

Encompass a range of disciplines, including psychology, sociology, and anthropology, that explore the activities and interactions among human beings.

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