Examlex
Which of the following statements regarding supply chain customer service is most accurate?
Median
A value that divides a dataset into two equal halves, representing the middle value when the data set is ordered.
StdDev
A measurement that quantifies the amount of variation or dispersion in a set of data values, same as Standard Deviation.
Mean
The mean value of a collection of numbers, obtained by dividing the total sum of the numbers by the quantity of numbers in the collection.
Median
The middle value in a dataset when it is arranged in ascending or descending order, or the average of the two middle values when the dataset has an even number of observations.
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