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Suppose the stock of government debt in Canada at the end of fiscal Year 1 is $475 billion.If the stock of debt falls to $461 billion by the end of fiscal Year 2,and debt-service payments during Year 2 were $38 billion,then we know that the government had
Descriptive Statistics
Statistical procedures used to summarize, organize, and simplify data.
Mean
A measure of central tendency that is calculated by dividing the sum of values in a dataset by the number of values in the dataset, often referred to as the average.
Median
A statistical measure representing the middle value in a data set, where half the numbers are above and half below.
Mode
In statistics, the value that appears most frequently in a data set; in common usage, a way or manner in which something occurs or is experienced, expressed, or done.
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