Identify the Following Term(s)

question 7

Short Answer

Identify the following term(s).
-stock exchange

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Definitions:

Descriptive Statistics

Statistical techniques used to summarize, show, and describe the basic features of data sets, providing simple summaries about the sample and measures.

Ratio Scale

A scale where there is a true zero point, allowing for the measurement of ratios between data points.

Proportion

A statistical measure expressing the fraction of a quantity within a whole.

Sample

A subset of a population selected for measurement, observation, or questioning to provide statistical information about the population.