Examlex
Which of the following represents a company in a supply chain?
Mean
The mean of a collection of numbers, determined by dividing the total sum of the values by the count of the values.
Population
The entire collection of individuals or items considered for a study, from which samples are drawn for statistical analysis.
Population Mean
The average of a set of values or measurements taken from the entire population of interest.
Sample
A subset of a population selected for measurement, observation, or questioning, to provide statistical information about the whole.
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