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Expenses can sometimes be reduced by offering fewer services and operating in warehouse-like facilities in lower-rent,heavily travelled districts.This was the early strategy for _____________.
Nominal Data
Nominal data refers to categorical data that can be named or labeled but not meaningfully ordered.
Confidence Interval
A set of values, procured from sample-based observations, deemed likely to hold the value of a non-specified population characteristic.
Data Collected
The information gathered through observation, measurement, or responses, which is analyzed to derive conclusions.
Types Of Data
Types of data refer to the classification of data based on nature and characteristics, such as quantitative, qualitative, nominal, ordinal, interval, and ratio data.
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