A measure of central tendency, given as the value above which half of the values fall and below which half of the values fall is called the median
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Which of the following is the best example of the doctrine of the mean in action? (Elisha weighs about 125 pounds.)
A. In order to lose weight (five pounds), Elisha went on a diet that was designed to help her lose the weight in one day. B. In order to lose weight (five pounds), Elisha went on a diet that was designed to help her lose the weight in one week. C. In order to lose weight (five pounds), Elisha went on a diet that was designed to help her lose the weight in a year. D. In order to lose weight (five pounds), Elisha went on a diet that was designed to help her lose the weight by the time she died.
A key component of business analytics is the recent availability of large amounts of data
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