Examlex
According to monetarists, which of the following would be most important for the control of inflation?
Standard Deviation
A statistic that measures the dispersion or variability of a dataset relative to its mean, indicating how spread out the values are.
Simple Random Sample
An evenly selected portion of a wider population, with each participant having an equal opportunity to be chosen.
Sample Size
The number of observations or data points collected in a statistical study, which impacts the study's accuracy and conclusions.
Standard Deviation
A metric assessing how much a batch of values differs or spreads out.
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