Examlex

Solved

What Is the Term for the Behaviour of People as They

question 49

Multiple Choice

What is the term for the behaviour of people as they interact with one another in markets?


Definitions:

Percentage

A proportion or share expressed as a fraction of 100.

Normal Model

Refers to a probability distribution that is symmetrically distributed around the mean, commonly known as the normal (or Gaussian) distribution.

Percentile

A value below which a given percentage of observations in a group of observations fall.

Percentile

A statistical measure indicating the value below which a given percentage of observations in a group of observations fall.

Related Questions