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An undeveloped real estate property is an example of future goods.
Anecdotal Evidence
Information derived from personal stories, experiences, or observations, without scientific backing, often used to support or refute a claim or belief.
Parsimonious
Describing an approach that is simple or economical in nature, often used in scientific theories that prefer the simplest explanation.
Statistically Significant
A result or effect size in an experiment or study that is unlikely to have occurred by chance, indicating a meaningful difference or relationship.
Replicable
Describes a study or experiment whose results can be achieved again when the study is repeated under the same conditions.
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