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A Resistance Point Will Be Influenced by the Cost an Individual

question 65

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A resistance point will be influenced by the cost an individual attaches to delay or difficulty in negotiation.


Definitions:

Variance

A statistical measure of the dispersion of data points in a dataset, quantifying how far each data point lies from the mean.

Sum of Squared Deviations

The total of the squared differences between each observation and the mean of a dataset.

Standard Deviation

An indicator used to assess the degree to which data points diverge or scatter around the average value.

Range

The difference between the highest and lowest values in a dataset, showing the spread of the data.

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