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When is renegotiating long-term contracts harder?
Sample
A subset of a larger population selected for measurement or observation, representative of the whole.
Descriptive Statistics
Statistical methods that summarize and describe the features of a dataset through measures such as mean, median, and mode.
Population
The entire group of individuals or instances about whom the data is collected for a statistical study.
Elements
Basic or essential components, substances, or constituents of a complex form.
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