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After graduation ceremonies at a university, six graduates were asked whether they were in favor of identified by
1) or against identified by 0) abortion. Some information about these graduates is shown below.
a. How many elements are in the data set?
b. How many variables are in the data set?
c. How many observations are in the data set?
d. Which of the above variables Sex, Age, Abortion Issue, Class rank) are categorical and which are quantitative variables?
e. Are arithmetic operations appropriate for the variable "abortion issue"?
Road To Serfdom
A book by Friedrich Hayek, published in 1944, warning of the potential dangers of government control leading to totalitarianism, arguing for the preservation of individual freedoms.
Laissez-Faire Economics
An economic philosophy of free-market capitalism that opposes government intervention.
Austrian-Born Economist
Refers to economists originating from Austria, particularly those associated with the Austrian School of Economics, known for emphasizing the importance of individual choice and spontaneous order in the economy.
Nazi Germany
The regime led by Adolf Hitler and the National Socialist German Workers' Party from 1933 to 1945, characterized by its totalitarian government and pursuit of aggressive expansion.
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