Examlex
The essence of yield management is the ability to manage supply.
Mean
A statistical measure representing the average value in a set of numbers, calculated by dividing the sum of all values by the number of values.
Median
The middle value in a list of numbers, which divides the dataset into two halves.
Mode
The value that occurs most frequently in a given set of data.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values; a low standard deviation indicates that the values tend to be close to the mean of the set.
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