The Symmetric,bell Shaped Curve That Represents the Pattern in Which

question 65

Multiple Choice

The symmetric,bell shaped curve that represents the pattern in which many human characteristics are dispersed in the population is known as a

• A) scatter plot.
• B) normal distribution.
• C) frequency polygon.
• D) histogram.

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Definitions:

Agile Manufacturing

A highly flexible production approach aimed at adapting quickly to market changes and customer demands while maintaining high quality and cost-effectiveness.

Mass Customization

A strategy of producing goods and services to meet individual customer needs with near mass production efficiency.

Product Dissatisfaction

The negative feeling or reaction a customer has towards a product that fails to meet their expectations or needs.

Price Fixing

A practice where companies conspire to keep prices at a certain level, often higher than would naturally occur in a competitive market, which is illegal in many jurisdictions.