Examlex
Price elasticity of demand refers to how much a change in price affects the quantity demanded.
Standard Deviation
A measure of the amount of variation or dispersion in a set of data values, indicating how spread out the data points are from the mean.
Free Throw
An unopposed attempt to score in basketball, granted after a foul, from a designated line approximately 15 feet from the basket.
Mean
The average of a set of numbers, calculated by dividing the sum of all values by the number of values.
Standard Deviation
A technique for measuring the degree to which data points are spread out or varied.
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