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Senior management has established the priority for the new system as "user friendly, and quickly and inexpensively expandable to all part of the organization." The systems analyst should recommend a client-server based computing architecture.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values, indicating how much the values in a data set differ from the mean of the data set.
Expected Value
The average value over many repetitions of an experiment, commonly utilized in the fields of probability and statistics.
Sample Proportion
The ratio of members in a sample with a particular attribute to the total number of members in the sample.
Binomial Probability
The likelihood of a given number of successes in a fixed number of trials, where each trial has exactly two possible outcomes.
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