Examlex
A factory has 20 assembly lines producing a popular toy. To inspect a representative sample of 100
Toys, quality control staff randomly selected 5 toys from each line's output. Was this a simple
Random sample?
Automobile Emissions
The pollutants released into the atmosphere by motor vehicles running on fossil fuels.
Post Hoc, Ergo Propter Hoc
A logical fallacy that assumes a cause-and-effect relationship merely because one event followed another.
Unemployment Rate
The fraction of the workforce that is without a job and is actively searching for one.
Economic Model
A simplified framework designed to illustrate complex processes, frequently using mathematical techniques to analyze economic decisions and their impacts.
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