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A 95% confidence interval is (54.5, 57.5) based on a sample size of 25. What is the sample standard deviation?
Illegal Production
Refers to the manufacturing or production of goods and services that violate laws or regulations, often involving prohibited substances or activities.
GDP Deflator
A measure of the level of prices of all new, domestically produced, final goods and services in an economy, used to adjust GDP for inflation.
Real GDP
Gross Domestic Product adjusted for inflation, providing a more accurate measure of economic performance over time.
GDP Deflator
An economic measure that adjusts nominal GDP for changes in price levels, reflecting the real value of goods and services produced.
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