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A Company Considers _________ as a Factor When Creating a Market

question 4

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A company considers _________ as a factor when creating a market information system.


Definitions:

Probability Density Function

A function that describes the relative likelihood for a continuous random variable to occur at a point in the observation space.

Continuous Random Variable

A variable that can take an infinite number of real values within a specific range.

Normal Curve

A symmetrical bell-shaped graph that represents the distribution of data in which most values cluster around a mean value.

Standard Normal Probability Distribution

A normal distribution with a mean of zero and a standard deviation of one.

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