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Incomes are distributed more equally in poor countries than in rich ones because of transfer payments.
Quantitative Variable
A type of variable that can be measured and expressed numerically, allowing for mathematical operations and statistical analysis.
Statistical Inference
The method of applying data analysis techniques to infer characteristics of a fundamental probability distribution.
Census
A complete enumeration of a population or a group at a point in time with respect to various characteristics.
Categorical Data
Data that can be divided into groups or categories that do not necessarily have a logical order.
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