Examlex
Which of these best characterizes the impact of the Columbian Exchange?
Standard Deviation
A statistical measure that quantifies the amount of variation or dispersion of a set of data values.
Zero Standard Deviation
A statistical measure indicating that all values in a dataset are identical.
Utility Function
An analytic depiction of the way individuals order assortments of items based on their contentment or value received.
Equivalent Variation
A monetary measure of the change in utility or satisfaction that a consumer experiences due to a change in prices, holding utility constant.
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