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A(n)_____ System Gives Managers a Model-Building Capability and Provides Them

question 21

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A(n) _____ system gives managers a model-building capability and provides them with the ability to manipulate information in a variety of ways in order to make nonprogrammed judgments.


Definitions:

Upper Quartile

A statistical measure indicating the value below which 75% of the data in a data set falls, marking the top end of the middle 50% of data.

Lower Quartile

The value below which 25% of the data falls, marking the lower end of the middle 50% of a dataset.

Median

The middle value in a list of numbers, which separates the higher half from the lower half.

Standard Deviation

A metric that quantifies the degree to which values in a collection vary from the average value of the group.

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