Examlex
Which of the following pieces of information is used in the implementation phase of the strategic marketing process?
Sum of Squared Deviations
The total of the squared differences between each observation and the mean of a dataset.
Standard Deviation
An indicator used to assess the degree to which data points diverge or scatter around the average value.
Range
The difference between the highest and lowest values in a dataset, showing the spread of the data.
Mean
An average value that summarizes or represents the central tendency within a data set, determined by dividing the sum of all values by their count.
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