Examlex
How are sample statistics different from population parameters?
Original Markup
The initial amount added to the cost price of goods to determine their selling price.
Gross Margin
A company's revenue minus its cost of goods sold, which measures the efficiency of a company in managing its direct production costs.
Off-Price Retail
Retail stores that sell branded goods at lower than the manufacturer's suggested retail prices, often through purchasing overstocked or out-of-season items.
Ross Stores
A popular American chain of off-price department stores specializing in offering discounted brand name apparel, footwear, and home accessories.
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