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Table 3-14
Assume that Nick and Faldo can switch between producing wheat and producing cloth at a constant rate.
-Refer to Table 3-14. Assume that Nick and Faldo each has 2 hours available. If each person divides his time equally between the production of wheat and cloth, then total production is
Standard Deviation
A measure of the dispersion of a set of data from its mean, indicating how spread out the data points are.
Variability
A measure of how spread out or dispersed the values in a dataset are.
Bimodal
Bimodal describes a distribution having two different modes, which are the most frequently occurring data points in a dataset.
Distribution
The way in which values are spread or distributed across a range in a dataset.
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