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A Continuous Variable May Take on Any Value Within Its

question 10

True/False

A continuous variable may take on any value within its relevant range even though the measurement device may not be precise enough to record it.


Definitions:

Economic Capability

The ability of an individual, company, or country to produce goods or services efficiently, using available resources and technology.

Equilibrium

A state where market supply and demand balance each other, and, as a result, prices become stable.

University City

An urban area typically dominated by its university population, often featuring a high density of academic, housing, and social infrastructure for students.

Incomes

Regular financial earnings from labor or investment activities.

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