Examlex
Graphically express a production possibilities curve. What do points on, inside and outside the curve represent? What does a rightward shift of the curve represent? How is economic growth expressed in terms of the production possibilities model?
Variable
A characteristic of interest for the elements.
T Test
A statistical test used to compare the means of two groups to determine if there is a significant difference between them.
ANOVA
Analysis of Variance, a statistical method used to compare means of three or more samples.
F Ratio
A statistical value used in the analysis of variance (ANOVA) to determine the ratio of variation between sample means to variation within the samples.
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