Examlex
Entry barriers that are effective against small,start-up companies tend to be equally effective against established firms diversifying from other industries.
Normally Distributed
Refers to a probability distribution that is symmetrically shaped around the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.
Mean
The arithmetic average of a set of numbers, calculated by adding them all together and dividing by the count of these numbers.
Right-Skewed
Describes a distribution of data where the tail on the right side of the distribution is longer or fatter than the left side, indicating that the mean is greater than the median.
Standard Deviation
The square root of the variance, measuring the dispersion of a dataset relative to its mean.
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