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When a joint operator is accounting for an interest in joint operation it is required to recognise all of the following in its financial statements:
Standard Deviation
A measure of the dispersion or variance in a set of values, indicating how much the values deviate from the mean.
Service Level
A measure of the quality of a service provided, often defined by the percentage of customer demands met.
Standard Deviation
A measure in statistics that quantifies the amount of variation or dispersion of a set of data values.
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