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Which of the Following Is a Commonly Used Method of Classifying

question 26

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Which of the following is a commonly used method of classifying retail outlets?


Definitions:

Kurtosis

A measure of the "tailedness" of the probability distribution of a real-valued random variable, indicating the sharpness of the peak of a frequency-distribution curve.

Variability

A measure of how spread out or dispersed the scores in a set of data are.

Spread

A statistical term describing the range or distribution of data points in a data set.

Dispersion

A statistical term referring to the spread of data points around a central measure, such as mean or median.

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