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The the primary purpose of the shock absorber in an automobile is to control spring and suspension movement. This is accomplished by turning the kinetic energy of suspension movement into thermal energy to be dissipated through the hydraulic fluid. How is this similar to the automatic stabilizers of the economy. Why does neither of these necessarily imply a "smooth ride"?
Z-Score
Another term for standard score, indicating the number of standard deviations a data point is from the mean of its distribution.
Standard Deviations
A statistical measure that quantifies the amount of variation or dispersion of a set of data values.
Standard Normal Distribution
A bell-shaped probability distribution characterized by a mean of zero and a standard deviation of one, used in many areas of statistical analysis.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values, indicating how much the values in a data set vary from the mean.
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