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Buy one, get one free. " Buy one, get one free " or " two for the price of one " is a common form of sales promotion. Economist Alex Tabarrok has argued that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion ...
History Early history. The hypothesis of dark matter has an elaborate history. In the appendices of the book Baltimore lectures on molecular dynamics and the wave theory of light where the main text was based on a series of lectures given in 1884, Lord Kelvin discussed the potential number of stars around the Sun from the observed velocity dispersion of the stars near the Sun, assuming that ...
Discounts and allowances are reductions to a basic price of goods or services. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list ...
ISBN 978-1-55623-236-7 An unauthorized biography by a longtime Perot watcher. Moore, Thomas. The GM System is Like a Blanket of Fog, Fortune, February 15, 1988; Owen, Diana, and Jack Dennis. "Anti‐partyism in the USA and support for Ross Perot." European Journal of Political Research 29.3 (1996): 383–400.
For example, given a set of 8 points, trimming by 12.5% would discard the minimum and maximum value in the sample: the smallest and largest values, and would compute the mean of the remaining 6 points. The 25% trimmed mean (when the lowest 25% and the highest 25% are discarded) is known as the interquartile mean.
In statistics, the 68–95–99.7 rule, also known as the empirical rule, and sometimes abbreviated 3sr, is a shorthand used to remember the percentage of values that lie within an interval estimate in a normal distribution: approximately 68%, 95%, and 99.7% of the values lie within one, two, and three standard deviations of the mean, respectively.
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