Examlex
Which of the following terms refers to an organizational element that performs multiple functions and is relevant to several processes?
Standard Deviation
The statistic that quantifies the dispersion of a set of data points around their mean; it measures how spread out the values in the dataset are.
Percentile
A measure used in statistics indicating the value below which a given percentage of observations in a group of observations fall.
Standard Normal Distribution
A special case of the normal distribution with a mean of zero and a standard deviation of one.
Probability
A measure of the likelihood of a specific event or outcome, expressed as a number between 0 and 1.
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