Outliers Are

question 45

Multiple Choice

Outliers are

• A) impossible values
• B) extreme but not impossible values
• C) data that don't fit your theory
• D) any of these

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Definitions:

Consumption

The employment of goods and services by domestic units.

Savings

The portion of disposable income not spent on consumption of goods and services, set aside for future use or for investment.

Disposable Income

The financial resources available to a household for saving and spending after subtracting income taxes.

Consumption

The part of income or the amount of wealth that is used for purchasing goods and services for personal use.