Examlex
Price setting is based on the marketer's ability to strike a balance between desired profits,and the customer's perception of a product's value.
Standard Deviation
A measure that quantifies the amount of variation or dispersion of a set of data values.
Histograms
Graphical representations of the distribution of numerical data, where the data is grouped into bins or intervals.
Graphical Techniques
The use of plots, charts, and graphs to visualize, interpret, and analyze data.
Distribution
In statistics, it refers to the way in which values of a variable or a set of variables are spread or dispersed across a range of values.
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