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An Out-Of-Pocket Cost Benefits a Business,but Is Paid by an Outside

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An out-of-pocket cost benefits a business,but is paid by an outside party.


Definitions:

Mean

The average of a set of numbers, calculated by dividing the sum of all the values by the number of values.

Median

The middle value in a sorted list of numbers, which divides the data set into two halves.

IQR

Interquartile range, a measure of statistical dispersion being the difference between the 75th and 25th percentiles, or quartiles, in a data set.

Range

The difference between the highest and lowest values in a data set, giving an indication of the data's dispersion or variability.

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