Examlex
Fragmented industry structures typically offer high profitability potential.
Sample Statistic
A numerical value calculated from a subset (sample) of a population, used to estimate the characteristics of the entire population.
Chebysheff's Theorem
A statistical theorem that provides a minimum probability for how much data falls within a certain number of standard deviations from the mean, applicable for any data distribution.
Standard Deviations
A measure of the amount of variation or dispersion of a set of values, indicating how much the values differ from the mean of the set.
Variance
Variance measures the dispersion of a set of data points around their mean value, indicating how spread out the data is.
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