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Why Might the Range Not Be an Accurate Representation of Data

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Why might the range not be an accurate representation of data dispersion for the data presented in Q17?


Definitions:

Operations Management

The administration of business practices to create the highest level of efficiency possible within an organization.

Quality

How well a good or service meets or exceeds customers’ expectations, or the degree to which a product conforms to established tolerance standards.

Consumer Demand

The desire for particular goods or services supported by the capacity to purchase them.

Price

The amount of money expected, required, or given in payment for something.

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