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Standard deviation is one of the most important concepts in statistics, providing a way to measure how spread out data points are around the mean. It helps in understanding data variability, which is critical for interpreting trends and patterns.

Image credit to Wikipedia: en.wikipedia.org/wiki/Standard

Interested in learning further? Check out my online course on Statistical Methods in R. Check out this link for more details: statisticsglobe.com/online-cou

How Data Analytics is Revolutionizing Supply Chain Optimization

🚚📊 Is your supply chain ready for the future?

Data analytics is becoming a game-changer in supply chain management—helping businesses forecast demand, reduce costs, and respond faster to market changes.

Discover how your supply chain can benefit from analytics! 🔍📦

#SupplyChain #DataAnalytics #BusinessIntelligence #Logistics #Optimization

👉 [apsense.com/article/844786-dat]