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A Contract Involving Property of Any Kind Must Be in Writing

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A contract involving property of any kind must be in writing to be enforceable.


Definitions:

Standard Deviation

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

Variance

A statistical measure of the dispersion of a set of data points in a data set.

Deviations

The differences between observed values and the average of those values within a dataset.

Mean

The arithmetic average of a set of numbers, calculated as the sum of all values divided by the count of values.

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