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A department store is experiencing greater than usual shrinkage,and management wants it stopped. Middle management decided to hire a security company to study the problem and develop the best plan for dealing with it. What type of plan has middle management adopted?
Mean
The average of a set of numbers, calculated by adding all the numbers together and dividing by the count of the numbers.
Variance
A measure of the spread between numbers in a data set, indicating how much the numbers differ from the average.
Payoff
The return or outcome received from an investment or decision, often used in context of financial transactions and game theory.
Risky Undertaking
An action or project that involves a high degree of uncertainty or danger regarding its outcome or success.
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