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ASSURED Training useful vocabulary

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Dominance

This is the idea that one observation could account for most of the value in a statistical measure, and therefore be identifiable. It can sometimes apply to individuals,but is more of a concern for business statistics where firms might dominate a market or sector, or might be making large investments in a particular year.

Source: SDC Handbook 2019, V1: https://securedatagroup.org/guides-and-resources/sdc-handbook/

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