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Table 15-3
2010 Labor Data for Adults (age 16 and older) in Meditor
-Refer to Table 15-3. What is the adult male unemployment rate in Meditor?
Probability
A measure of the likelihood of occurrence of a particular event or outcome, often expressed as a number between 0 and 1.
NORM.DIST
A function in various statistical software that returns the normal distribution for a specified mean and standard deviation.
Standard Error
Standard error is a statistical measure that estimates the accuracy with which a sample distribution represents a population by using standard deviation.
Population Standard Deviation
Population Standard Deviation is a measure of the dispersion or spread of all the values in a given population, indicating how much the individual values in the population differ from the population mean.
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