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To the nearest percent, what fraction of an iceberg is submerged? (ρice = 917 kg/m3, ρsea = 1.03 × 103 kg/m3.)
Investment Opportunity
A specific financial asset, product, or project that an individual, organization, or entity invests in with the expectation of generating a favorable future return.
Central Tendency
Statistical measures that describe the center or typical value of a dataset, including mean, median, and mode.
Expected Value
The weighted average of all possible outcomes of a random variable, with weights being their respective probabilities of occurrence.
Weighted Average
A calculation that takes into account the different weights or importance of some elements in a data set, providing a mean value that reflects these weights.
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