Examlex
Classifying a person as "black" if they have one black great-grandparent is an example of
Probability Distribution
A statistical function that describes all the possible values and likelihoods that a random variable can take within a given range.
Stock's Expected Return
The anticipated return on a stock, combining both the dividend payments and capital gains, based on historical data and future projections.
State Of Economy
The overall condition of a country's economic system, considering factors like growth rates, employment levels, inflation, and economic policies.
Aggregate Demand Curve
A curve that shows the relationship between the overall price level and total demand for goods and services in an economy.
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