Examlex
If a country's price in the absence of trade is lower than the price with trade,then the domestic quantity supplied with trade is _____ the domestic quantity demanded.
Best Fitting Line
A line drawn through a scatterplot of data points that best expresses the relationship between those points.
Covariance
A measure that indicates the degree to which two variables change together. If the variables tend to show similar behavior, the covariance is positive; if they show opposite behavior, the covariance is negative.
Standard Deviation
A system for measuring the degree of difference or spread in a set of figures.
Scatterplot
A graphical representation of two variables on a set of Cartesian coordinates to investigate the relationship between them.
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