Examlex
If the elasticity of demand is unitary and the price rises,then total revenue will rise.
Z Score
A statistical measurement that describes a value's relationship to the mean of a group of values, expressed in standard deviations.
Mean
The arithmetic average of a set of numbers, calculated by dividing the sum of the numbers by the count of numbers in the set.
T Score
A type of standardized score that indicates how many standard deviations an element is from the mean.
Standard Deviation
A measure of the dispersion or spread in a set of data; it quantifies how much the individual data points differ from the mean value.
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