Examlex
A referent is a familiar object one can use to describe the property of an object.
Recession
A noticeable drop in economic performance affecting the entire economy, enduring longer than several months, usually evident in real GDP, real income, employment, industrial output, and wholesaleretail sales.
Variance
A statistical measurement of the spread between numbers in a data set, indicating how much the numbers differ from the average.
Variance
In statistics, the measure of dispersion within a data set, representing the average of the squared differences from the mean.
Recessionary Period
A phase in the business cycle where the economy declines and is marked by reduced industrial activity, widespread unemployment, and falling prices or stagnant growth.
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