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A creative and distinctive strategy that sets a company apart from rivals and that gives it a sustainable competitive advantage
Expected Value
In probability and statistics, it is the average value obtained from numerous trials of an experiment over an extended period.
Confidence Interval
A compilation of values, resulting from the statistical study of samples, aimed to likely capture the value of an unknown population parameter.
Long-Run Average
Refers to the average of a set of values or outcomes over a long period of time, often used in economics to predict long-term equilibrium or trends.
Confidence Interval Estimate
A scope of values, sourced from sampling, anticipated to encapsulate the value of an unidentified population statistic.
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