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Managers of a firm based in Boston who send e-mail to their customers in Japan are conducting e-business activities.
Extreme Values
Refers to the maximum and minimum values in a given data set, indicating the range's limits.
Range
The difference between the highest and lowest values in a data set, indicating its spread.
Coefficient of Variation
A metric that quantifies the spread of data points around the mean within a dataset, represented as a percentage of the mean itself.
Variance
A statistical measure of the dispersion of a set of data points in a data distribution, showing how each data point differs from the mean.
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