Examlex
Which of the following could reduce economic efficiency?
IQ
An abbreviation for Intelligence Quotient, it's a measure of a person's reasoning ability compared to the statistical norm or average for their age, taken as 100.
Mode
A statistical term that refers to the most frequently occurring number found in a set of numbers.
Barnum Effect
The phenomenon where individuals believe that vague, general personality descriptions accurately apply specifically to them.
Correlation
A statistical measure that indicates the extent to which two or more variables fluctuate together, showing the strength and direction of their relationship.
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