Examlex
If a tax did not induce buyers or sellers to change their behavior, it would not cause a deadweight loss.
Standard Deviation
A measure of the dispersion or spread in a set of data; it tells us how much the values in a data set vary from the mean.
Population Standard Deviation
A measure of the variability or diversity within a full set or entire population of data.
Confidence Interval
A range of values, derived from statistical analysis, that is likely to contain the true value of an unknown population parameter.
Margin of Error
A statistical measure that represents the amount of error in a survey's results, which indicates the range within which the true value is expected to lie with a certain level of confidence.
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