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Financial System Functions Include Accumulating Savings and Lending Funds

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Financial system functions include accumulating savings and lending funds.


Definitions:

Normal Curve

A symmetric, bell-shaped curve that represents the distribution of many types of data where most values cluster around the mean.

Standard Deviations

A measure of the amount of variation or dispersion in a set of values, indicating how spread out the values are from the mean.

Mean

In statistics, it refers to the average value in a set of numbers, calculated by dividing the sum of all values by the number of values.

Scatterplot

A graphical representation displaying the relationship between two quantitative variables.

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