Examlex
Explain why competitive advantages are temporary.
Variance
A measure of the dispersion or spread of a set of values, indicating how much the values differ from the mean of the set.
Deviations
Differences between values in a data set and a central point, typically the mean of the set.
Interquartile Range
A measure of statistical dispersion, which is the spread between the first and third quartiles of a dataset, effectively capturing the middle 50%.
Variance
A measure of the dispersion of a set of values, calculated as the average of the squared deviations from the mean.
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