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Operating variables used for industrial market segmentation include the customer's delivery speed needs,order size needs,and particular uses of the product.
Sample Mean
The average of a subset of a larger population, used to estimate the population mean.
Sample Data
Data collected or selected from a larger population, used in statistical analysis to make inferences about the population.
Variance
A statistical measurement of the spread between numbers in a dataset, indicating how much they differ from the mean of the set.
Population
The entire group of individuals or instances about whom we wish to make conclusions in a statistical study.
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