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Refer to the information provided in Figure 29.1 below to answer the question(s) that follow. Figure 29.1
-Refer to Figure 29.1. Suppose it takes policy makers from time t2 to time t4 to take an action to stimulate the economy. This is an example of
Upper Quartile
The value below which 75% of the data set falls, marking the upper quarter of data points.
Test Scores
Numerical or grading assessments that reflect the performance of individuals on examinations or tests.
Boxplot
A standardized way of displaying the distribution of data based on a five-number summary: minimum, first quartile, median, third quartile, and maximum.
Standard Deviation
Standard deviation is a measure of the amount of variation or dispersion in a set of values, showing how much the values in a dataset differ from the mean.
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