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Describe the Concept of Social CRM

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Describe the concept of social CRM.


Definitions:

Degrees Of Freedom

A statistical concept used to determine the number of independent pieces of information when estimating a parameter or fitting a model to data.

Normal Distribution

A bell-shaped frequency distribution curve, where most occurrences take place in the middle of the range and fewer occur on either side.

Endowment

A donation or funding given to an institution or individual to provide income for ongoing support.

Private Colleges

Educational institutions not operated by government bodies; often funded through tuition, private contributions, and endowments.

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