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BMW Allows Customers to Design Their Own Vehicle from a Set

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BMW allows customers to design their own vehicle from a set of options at BMW's website.What is this called?


Definitions:

Equal-variances Test

A statistical procedure used to assess whether the variances of two populations are equal, as assumed by certain parametric tests.

Unequal Variances

A situation in statistical analyses where two or more groups have significantly different variances, impacting the assumptions of certain tests.

Normally Distributed

A description of dataset that follows a normal distribution, with most observations clustering around the mean and symmetrical tails.

Mean Value

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

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