Examlex
If a country is experiencing inflation, nominal GDP is always greater than real GDP.
Descriptive Statistics
Statistical methods that summarize and organize characteristics of data sets, such as mean, median, mode, and range.
Variability
The extent to which data points in a statistical distribution or data set diverge from the average or mean value.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values, indicating how spread out the values are from the average.
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