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What happens when the fair value of long-lived assets change?
Central Tendency
A measure that represents the center or typical value of a dataset, commonly identified through the mean, median, or mode.
Standard Deviation
A measure that describes the amount of variation or dispersion of a set of values from the mean, indicating the spread or variability of the data.
Mean
Calculated by dividing the total of the numbers by their quantity, the average represents the mean value of a set.
Median
The middle value in an ordered list of numbers, effectively dividing the dataset into two halves.
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