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The table below shows total output for an economy over 2 years.
TABLE 20-5
-Refer to Table 20-5.Assume the output of all three goods is consumed in the country,and there are no imported goods and services.If 2015 is used as the base year,then the consumer price index (CPI) in 2016 was approximately
Variability
A measure of the dispersion or spread of data points in a dataset, indicating how much the numbers differ from each other and from the mean.
Measures Of Variability
Statistics that describe the extent to which scores in a distribution differ from one another, including the range, variance, and standard deviation.
Spread
A statistical term describing the range, distance, or variance between data points in a dataset, indicating the variability within the data.
Scatter
In data visualization, a plot that displays the relationship between two or more variables by using dots to represent values.
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