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When the oil-exporting countries of the Middle East raised the price of crude oil very sharply,tens of billions of dollars were transferred from the oil-consuming to the oil-exporting nations.From this one can conclude that
Common Average
The arithmetic mean or simple average of a set of values, calculated by summing them up and dividing by the number of values.
Variance
A statistical measure that represents the dispersion or spread of a dataset relative to its mean, indicating how far the data points are from the mean.
Central Tendency
A statistical measure that identifies a single value as representative of an entire distribution, aiming to provide an accurate description of the entire data set.
Least Precise
Describes the measurement or estimation with the highest degree of uncertainty or the lowest level of detail.
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