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What are the characteristics of a perfectly competitive industry?
Cumulative Percent
The percentage that represents the cumulative total of a data set up to a certain threshold, often used in statistical analysis.
Frequency Distribution
An overview of how often each unique value occurs in a dataset, often visualized with histograms or tables.
Score
A numerical representation of a particular measurement, such as a test result, indicating the performance, level, or achievement of an individual or group.
American Psychological Association
A professional organization representing psychologists in the United States, which sets ethical guidelines and standards for psychological research and practice.
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