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When a Researcher Sets Up the Data Set for the First

question 9

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When a researcher sets up the data set for the first time in XL Data Analyst,each variable can be defined in three ways.They are:


Definitions:

Poverty Threshold

The smallest income level considered essential for securing a satisfactory standard of living within a certain country.

Real Per Capita Income

Income per person, adjusted for inflation, reflecting the average income level of individuals within a country or region.

Bottom Quintile

Refers to the lowest fifth portion of a population sorted by income or wealth.

Economic Inequality

The unequal distribution of wealth, income, or economic resources among participants in an economy.

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