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If a French company sells 1000 gallons of Perrier to a U.S.company at 5 euros per gallon,and uses the money to buy stock in a Spanish cork company,how does this affect the French balance of payments accounts?
Probability Distribution
A mathematical function that defines the probabilities of all possible outcomes for a random variable.
Standard Deviation
A measure of the dispersion or variability within a set of numerical data, indicating how spread out the values are from the mean.
Independent Variables
Variables in an experiment or model that are manipulated or classified to determine their effect on dependent variables.
Standard Deviation
A way to quantify how much spread or differentiation exists in a dataset.
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