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One of the reasons Ace Distributors,a local manufacturing company,is considered a good place to work is that the managers encourage and reward their employees for developing new products and ways of improving existing products and services.In this example,Ace Distributors' managers are carrying out the ______ role.
Mean
The arithmetic average of a set of numbers, calculated by adding all the values together and dividing by the number of values.
25th Percentile
A measure indicating that 25 percent of the observed values fall below this point, also known as the first quartile.
Median
The middle value in a sorted list of numbers, effectively dividing the dataset into two equal parts.
75th Percentile
A value below which 75% of the observations in a group fall, often used to measure the upper quartile.
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