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A country reported a nominal GDP of $85 billion in 2008 and $100 billion in 2007.It also reported a GDP deflator of 100 in 2008 and 105 in 2007.Between 2007 and 2008,
Independent Samples
Two or more groups of samples that are not related or connected in any way in the context of an experiment or study.
Relative Frequency Distributions
A distribution where each value is expressed as a relative frequency or proportion of the total number of occurrences.
Normal Approximation
The process of using the normal distribution to approximate the distribution of a sample statistic.
Standardized Test Statistic
A statistic that has been transformed to have a mean of zero and a standard deviation of one, used in hypothesis testing.
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