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What is the difference between a nation's balance of payment account and its international investment position?
Variance
A measure of the dispersion or spread of a set of data points in a data set, representing the average squared deviation from the mean.
Standard Normal
A normal distribution with a mean of zero and a standard deviation of one, commonly used in statistical analyses.
Mean
The arithmetic average of a set of values or measurements, calculated by summing them all up and dividing by the number of values.
Standard Deviation
A statistic that measures the dispersion or variability of a set of data points relative to its mean.
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