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If the correlation between GDP and y is -0.75,we say y is
Standard Normal Distribution
A normal distribution with a mean of zero and a standard deviation of one, used as a basis for comparison in statistical analysis.
Greater Than
A mathematical term used to compare two values where one is larger than the other, often denoted by the symbol '>'.
Z-scores
Standardized scores that measure the distance of a data point from the mean, expressed in units of standard deviation.
Standard Normal Distribution
A normal distribution with a mean of zero and a standard deviation of one.
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Q70: You are a baker. You paid $150K