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INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
Medicare [ hospital | supplemental medical ] insurance requires those covered to pay a monthly premium.
Percentile
A measure used in statistics indicating the value below which a given percentage of observations in a group fall.
Standard Deviation
A metric that assesses the level of dispersion or scattering within a collection of data values.
Standard Deviation
A statistic that captures the level of variability or fluctuation among values in a series, revealing how much the numbers depart from the central value.
Mean
The mean of a number set, determined by dividing the total of all numbers by the quantity of numbers present.
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