It means in a reasonable, acceptable mount of time. For example, if a friend calls you and you don't call them back for a week, you did not call back in a timely fashion.
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Punctuality is a term that often refers to someone's ability to complete a given task in a timely manner. It is a positive characteristic that one should have.
The mathematical term for "mean" is "mean".The popular, or colloquial term for "mean" is "average".
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No, the math term ratio doesn't mean multiply.
There is no statistical term such as "deviation mean".