Examlex
The pattern of short-term ups and downs in the economy is known as
Categorical Variable
A variable that can take on one of a limited, and usually fixed, number of possible values, assigning each individual to a particular group or category.
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.
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