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Daniel,an American,is selected by his firm to undertake a temporary assignment in Russia.Daniel's compensation is determined and adjusted in accordance with the standard of living in Russia.He is also paid relocation expenses to ensure he is not inconvenienced by the transfer.Which of the following approaches have been used to determine Daniel's compensation?
Skewed
Describes a distribution of data that is not symmetrical, where one tail is longer or fatter than the other.
Standard Deviation
An indicator of how spread out or scattered a collection of numbers is, showing the degree to which these numbers differ from their average value.
Variability
The extent to which data points in a statistical distribution or dataset differ from the average or mean value.
Median
The middle value in a sorted, ascending or descending, list of numbers.
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