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When negotiating, the tendency is to want to win! Why is this not a good approach when managing contracted relationships?
Normally Distributed
A data distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.
Sampling Distribution
A probability distribution of a statistic obtained through a large number of samples drawn from a specific population.
Bell Shaped
Describes a distribution that is symmetrical and peaked in the middle, resembling the shape of a bell, often referring to the normal distribution.
Sampling Distribution
Likelihood patterns of a specific statistic that are based on randomly chosen samples.
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