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Exhibit 3-4
The following is the frequency distribution for the speeds of a sample of automobiles traveling on an interstate highway.
-Refer to Exhibit 3-4. The variance is
Democratic
Pertaining to or characterized by principles of political democracy, indicating a system in which power is vested in the people through free and fair elections.
Buying Center
A group of individuals within an organization who are responsible for making decisions about which products or services the organization purchases.
Majority Vote
A decision-making process where the option receiving more than half of the votes is chosen or deemed accepted.
Buying Center
A group of individuals within an organization who participate in the decision-making process of purchasing goods or services.
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