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Elly's hot dog emporium is famous for its chilidogs. Some customers order the hot dogs with hot peppers, while many do not care for that added bit of zest. Elly's latest sales indicate that 30% of the customers ordering her chili dogs order it with hot peppers. Suppose 18 customers are selected at random. This situation is an example of what type of distribution?
Typical Family
A standard or average family unit, often used in statistical analyses to represent an average household.
Standard Of Living
The degree of wealth, comfort, material goods, and necessities available to an individual, group, or society.
Inflation Rate
The rate expressed as a percentage at which the average price level of goods and services increases, leading to a decrease in purchasing power.
CPI
A rephrased definition for Consumer Price Index, which tracks changes in the price level of a market basket of consumer goods and services purchased by households.
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