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Which of the Following Statements Is True About Pure Services

question 12

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Which of the following statements is true about pure services?


Definitions:

Forecasts

Predictions about future conditions or occurrences, often based on analysis of trends and data.

Technological Progress

Refers to the improvements and innovations in technology that enhance efficiency, productivity, and quality in various fields.

Mean Absolute Deviation

A measure of dispersion in a data set, calculated as the average of the absolute differences between each value and the mean.

Forecast

A prediction or estimate of future events or trends, particularly in weather, economics, or business.

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