Examlex
Economic development is:
Variance
A numerical indicator representing the variance within a dataset, highlighting the extent to which the values deviate from the mean.
Squared Deviation
The squared difference between a specific value and a comparison value, commonly used in statistics to measure variability.
Average Return
A calculation that represents the typical gain or loss of an investment over a specified period.
Efficiency
The ability of an entity or system to achieve its goals with the least waste of time, effort, or material resources.
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