Examlex
The Keynesian contention that the short-run aggregate supply curve is horizontal is based on the assumption that there are
Quartiles
Values that divide a data set into four equal parts, used in descriptive statistics to provide insights into the distribution of the data.
Upper Fence
A method in statistics used to identify potential outliers, determined by adding 1.5 times the interquartile range to the third quartile.
Box and Whisker Plot
A graphical representation used in statistics to display the distribution of datasets. It shows the median, quartiles, and possible outliers in the data.
Five-number Summary
A descriptive statistic that provides a quick overview of a dataset through five key numbers: minimum, first quartile, median, third quartile, and maximum.
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