Examlex
The measure of the average prices of a given set of goods and services over time is an)
Standard Deviation
A measure of the amount of variation or dispersion in a set of values, representing an average distance from the mean.
Mean
The average value obtained by adding all the data points in a set together and then dividing by the number of data points.
Standard Normal Curve
A symmetric bell-shaped curve that represents the distribution of many types of data where the mean is 0 and the standard deviation is 1.
Z-score
An index quantifying the position of a value relative to the average value in a dataset, expressed as the amount of standard deviations away from this mean.
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