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Identify/define and explain the significance of the following: Paris Commune.
Sales Data
Quantitative information regarding the number of products or services sold within a specific time period, often used for analysis and forecasting.
Excel Scenario Manager
A tool within Microsoft Excel that allows users to create and analyze multiple scenarios based on varying sets of assumptions to forecast different outcomes.
Variables
Elements, characteristics, or conditions that are subject to change or vary among individuals within a study or experiment.
Optimization Problems
Mathematical problems concerned with finding the best solution from a set of feasible solutions, given some constraints.
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