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One of the Primary Advantages of Using the Median as a Measure

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One of the primary advantages of using the median as a measure of the center for a set of data is that the median is not affected by extreme values in the data.


Definitions:

Statute of Frauds

A legal principle that requires certain types of contracts to be executed in writing and signed by the party to be charged, to be enforceable.

Lease Term

The duration of a lease agreement, specifying the start and end dates of the tenancy.

Tenancy at Sufferance

A situation where a tenant continues to occupy the property after the lease term has ended, without the express permission of the landlord.

Holdover Tenant

A tenant who continues to occupy property after the expiration of their lease, without the landlord's express permission.

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