Fees That Australian Universities Receive from Overseas Students Studying in Australia

question 83

True/False

Fees that Australian universities receive from overseas students studying in Australia are not included as part of GDP but are included as part of Gross National Income (GNI), as GNI includes flows of funds from overseas.

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Definitions:

Negatively Skewed

describes a distribution where the tail is longer on the left side, indicating that the bulk of values are toward the higher end.

Observations

Refers to the process of measuring or taking note of phenomena or data, usually as part of a scientific study or research.

Class Intervals

The range of values within which data points are grouped in frequency distribution, helping to organize data for analysis.

Histogram

A graphical representation of the distribution of numerical data through bars of varying heights, where each bar groups numbers into ranges.