Examlex
The effect of imposing a tariff on a specific imported good is to the domestic price of the good and the domestic production of the good.
Mean Absolute Deviation
Mean absolute deviation measures the average absolute distances between each data point in a set and the set's mean, providing an overview of variability.
Sum of Squares
A statistical technique used to describe the total variation in a dataset, which is the sum of the squared differences from the mean.
Mean Absolute Deviation
The average of absolute differences between each data point and the mean of the dataset.
Sum of Squares
is a statistical technique used to measure the dispersion or variability within data points.
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