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Table 7.5
-Refer to Table 7.5.Consider the statistics in the table above in describing the industrialized countries.Are these consistent with the economic growth model? Briefly explain.
Distributions
Distributions describe how the values of a variable are spread or distributed across possible values.
Data
Information collected for analysis or reference.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values, indicating how much the values in the set deviate from the mean.
Data
Factual information used for analysis or calculation, often numeric.
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