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The law of demand is illustrated by a demand curve that is:
Level Of Confidence
The probability that the value of a parameter falls within a specified range of values, often related to confidence intervals in statistics.
Confidence Interval
A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values around the mean.
Sample Size
The number of observations or data points collected from a subset of a population for the purpose of statistical analysis.
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