Examlex
An opportunity loss is the difference between what the decision maker's profit for an act (alternative)is and what the profit could have been had the best decision been made.
Frequency Polygons
A graphical representation of the distribution of a dataset that shows the frequencies of classes via connected dots.
Variability
The measure of how spread out or scattered scores are in a distribution.
Modality
The number of peaks or modes in the distribution of data, used to describe the shape of the data distribution.
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