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In statistics, the sample maximum and sample minimum, also called the largest observation and smallest observation, are the values of the greatest and least elements of a sample. [1] They are basic summary statistics, used in descriptive statistics such as the five-number summary and Bowley's seven-figure summary and the associated box plot .
Minimum acceptable rate of return. In business and for engineering economics in both industrial engineering and civil engineering practice, the minimum acceptable rate of return, often abbreviated MARR, or hurdle rate is the minimum rate of return on a project a manager or company is willing to accept before starting a project, given its risk ...
Parental leave (also known as family leave) is regulated in the United States by US labor law and state law. The Family and Medical Leave Act of 1993 (FMLA) requires 12 weeks of unpaid leave annually for parents of newborn or newly adopted children if they work for a company with 50 or more employees.
Hotelling's law is an observation in economics that in many markets it is rational for producers to make their products as similar as possible. This is also referred to as the principle of minimum differentiation as well as Hotelling's linear city model. The observation was made by Harold Hotelling (1895–1973) in the article "Stability in ...
Extreme value theorem. A continuous function on the closed interval showing the absolute max (red) and the absolute min (blue). In calculus, the extreme value theorem states that if a real-valued function is continuous on the closed and bounded interval , then must attain a maximum and a minimum, each at least once.
University of Notre DameMendoza College of Business. / 41.6970083°N 86.2357694°W / 41.6970083; -86.2357694. The Mendoza College of Business is the business school at the University of Notre Dame, a private university in Notre Dame, Indiana. Founded in 1921, it offers both undergraduate and graduate degrees.