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A sample of the homes currently offered for sale revealed that the mean asking price is $75,900, the median $70,100, and the modal price is $67,200. The standard deviation of the distribution is $5,900. What is Pearson's coefficient of skewness in this sample?
GDP Deflator
An apparatus for gauging the level of prices of all newly made, domestic final goods and services in an economic setting.
Percentage Change
A mathematical calculation that shows how much a quantity has increased or decreased as a proportion of its previous value, often expressed as a percentage.
National Income
The total value of all goods and services produced by a country's economy over a specific period, including income from abroad, and serving as a measure of economic health.
Indirect Business Taxes
Indirect business taxes are taxes levied on goods and services rather than on income or profits, such as sales tax or value-added tax.
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