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Table 7.5 -Refer to Table 7.5.Consider the Statistics in the Table Above

question 60

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Table 7.5 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.
-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.


Definitions:

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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