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What is the standard deviation for the following frequency distribution?
Price Fixing
An illegal agreement between participants in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain market conditions so that the price is maintained.
Cooperative Behavior
Actions taken by individuals or organizations that are designed to benefit others or achieve a common goal through collaboration.
Product Differentiation
Product differentiation is a strategy businesses use to make their products unique and stand out from competitors, often through design, quality, or features.
Price War
A competitive business strategy in which companies repeatedly cut prices to undercut competitors, often resulting in reduced profit margins for everyone involved.
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