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It Is Common to Find That a Small Number of Customers

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It is common to find that a small number of customers generate a high percentage of operating income.


Definitions:

Population Standard Deviation

A measure of the dispersion of a dataset relative to its mean, calculated for the entire population.

Symbols

Characters or graphical figures used to represent objects, quantities, or concepts.

Population

The entire pool from which a statistical sample is drawn and to which the results of analysis apply.

Standard Deviation

A statistical measure that quantifies the variation or dispersion of a set of numerical data points.

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