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As compared to a decentralized organization, a centralized organization can act more quickly to solve problems.
Frequency Table
A table that displays the frequencies of different data categories, showing how often each category occurs in the dataset.
Mound-Shaped Distribution
Another term for a normal distribution, characterized by its bell-shaped curve that is symmetrical around the mean.
Standard Deviation
A measure of the amount of variation or dispersion in a set of values, indicating how much the values in the set differ from the mean.
Mean Sales
The average revenue from sales over a specific period of time.
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