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Class Rank
A measure of how a student's performance compares to others in their group or grade level, often expressed as a percentile or as a rank.
Ordinal Random Variable
A random variable that has outcomes which can be ordered or ranked but does not necessarily have a quantitative value.
Nominal Random Variable
A variable that represents data which can be classified into distinct categories with no logical order.
Nominal Data
Data classified into categories that cannot be ordered or ranked; purely qualitative.
Q1: Which of the following statements about simulation
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Q93: Given a particular set of project cash