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Educational Level Is the Most Single Determinant of Social Class

question 3

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Educational level is the most single determinant of social class.


Definitions:

Demographic Characteristics

The attributes of a population, such as age, race, income, or education, used in statistics to identify and analyze specific groups.

Normally Distributed

A mirrored probability distribution about the mean, which shows that data points are more frequently found near the mean than at farther distances.

Equal Variances

A condition in which two or more populations have the same variance.

GMAT Scores

Standardized test scores used as a part of the admissions process for graduate management programs like MBA.

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