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The Statistic That Describes the Average Distance Between the Measurements

question 30

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The statistic that describes the average distance between the measurements in a frequency distribution and the mean of that distribution is the:

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Definitions:

Market Rate

The prevailing price or interest rate in the market for goods, services, or securities.

Interest

The payment made for the use of (borrowed) money.

Total Fertility Rate

The average number of children a woman is expected to have during her lifetime in a specific population.

Present Value

The present value of a future amount of money or series of cash flows, using a given rate of return.

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