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Exhibit 6-3
Consider the continuous random variable X, which has a uniform distribution over the interval from 20 to 28.
-Refer to Exhibit 6-3. The mean of X is
Superior Performance
Achieving results that surpass expected standards or benchmarks, often leading to competitive advantage.
Best Practices
Best practices are the methods or techniques that have been generally accepted as superior to alternatives because they produce results that are superior to those achieved by other means.
Benchmarking
The practice of comparing business processes and performance metrics to industry bests or best practices from other companies.
Incorporate Ideas
The process of taking suggestions, concepts, or viewpoints and integrating them into a project or plan.
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