Examlex
Explain the connection between opportunity costs of production and complete specialization in the production of a good.
Dispersion
A measure of the spread of a distribution or the variability of data points around a central value.
Standard Deviation
A statistic that measures the dispersion of a dataset relative to its mean, indicating how spread out the data points are.
Percentile
A measure used in statistics to indicate the value below which a given percentage of observations in a group of observations falls.
Measures of Dispersion
Statistical indicators that describe the spread or variability of a data set.
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