Examlex
Tax cuts affect only aggregate demand not aggregate supply.
Descriptive Techniques
Statistical methods used to describe the basic features of data in a study, providing simple summaries about the sample.
Inferential Techniques
Statistical methods used to make predictions or inferences about a population based on a sample of data from that population.
Population
The entire group of individuals or items of interest from which a sample may be drawn for a study.
Ordinal Data
Data that represent categories with a meaningful order or ranking, but where the intervals between categories are not necessarily equal.
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