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The USPreference for __________ Economic Policies Helps to Explain Why We

question 25

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The U.S.preference for __________ economic policies helps to explain why we have a smaller and more limited government than do most other advanced industrialized countries.


Definitions:

Normal Distribution

Another term for Gaussian distribution; a probability distribution that is symmetric around the mean, indicating that data close to the mean are more frequent than data far from the mean.

Variance

A measure of how much values in a dataset differ from the mean or average of the set, indicating the spread of the data.

Test Statistic

A value calculated from sample data during a hypothesis test. It's used to assess the evidence against the null hypothesis.

Chi-squared Distributed

Refers to a statistical distribution that is used to assess the goodness-of-fit of observed data with theoretical expectations under the null hypothesis.

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