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The Art of Adding or Creating Value by Systematically Leveraging

question 194

Multiple Choice

The art of adding or creating value by systematically leveraging the know-how,experience,and judgment found within and outside an organization is referred to as:


Definitions:

Z Score

A statistical gauge that measures how a value compares to the average of a set of values by counting the number of standard deviations it falls from the mean.

Standard Score

A score that expresses the number of standard deviations a datum is from the mean of the distribution.

Normal Curve

A symmetrical, bell-shaped curve that describes the distribution of many types of data where most values cluster around the mean.

Z Score

A quantifier that assesses a value's deviation from the dataset's mean, represented in the scale of standard deviations.

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