answersLogoWhite

0

curve means Bend

User Avatar

Wiki User

13y ago

What else can I help you with?

Continue Learning about Economics

What do you mean by point of inflection in micro-economics?

It is the same as it is in calculus: Its the point on a curve where the rate of the rate of change of the curve flips.


Is this true or false an increase in demand is represented by a movement up the demand curve?

That would depend on what point of the curve you mean.


What does guassian curve mean?

A Gaussian curve, also known as a normal distribution or bell curve, represents the distribution of a set of data points where most values cluster around a central mean, with probabilities decreasing symmetrically as you move away from the mean. The shape of the curve is characterized by its bell-like appearance, defined by its mean (average) and standard deviation (which measures the spread of the data). In many natural phenomena, such as heights or test scores, data tends to follow this distribution pattern. The Gaussian curve is fundamental in statistics, serving as a basis for various statistical methods and theories.


What it mean by hot curve and cold curve?

it means in general that cold bootys do not get rooten while hot booties get rooten 4 ever.


What distinguishes a normal curve from a skewed curve?

A normal curve, also known as a bell curve, is symmetric around its mean, indicating that data points are evenly distributed on either side, with most values clustering around the center. In contrast, a skewed curve is asymmetrical, meaning that it has a tail extending more to one side than the other; in a positively skewed curve, the tail is on the right, while in a negatively skewed curve, it is on the left. This skewness affects the mean, median, and mode of the data distribution, leading to different interpretations of the data's central tendency.

Related Questions

What is the mean of standard normal curve?

The mean of a standard normal curve is 0. This curve, which is a type of probability distribution known as the standard normal distribution, is symmetric and bell-shaped, centered around the mean. Additionally, the standard deviation of a standard normal curve is 1, which helps define the spread of the data around the mean.


Is it true that a normal distribution curve is symmetric about the mean?

yup, it's a bell curve


What are the properties of a standard normal curve?

It is a normal curve with mean = 0 and variance = 1.


What does the curve of thumbs mean?

The curve of your thumb is the part where it looks rounded, at the base of your thumb.


What does curve lines on clothes mean?

the stitching.


What does spiraling mean?

A spiral is a winding curve.


What do you call the center of normal curve?

The mean.


What does the base curve in eyeglasses mean?

Base Curve normally refers to the front curve of the lens. they can range from 1 Diopter of curve to 10 Diopters of curve (normally used for really wrapped Sunglasses like Ray-Ban, Oakley)


What is non intersecting for geometry?

In the context of Euclidean straight lines it would mean parallel lines. In the context of a curve and a line (or another curve) it would mean the line and the curve do not meet at any point, but not a lot more can be deduced about them.


What are the characteristics of a normal distribution curve?

Characteristics of a Normal Distribution1) Continuous Random Variable.2) Mound or Bell-shaped curve.3) The normal curve extends indefinitely in both directions, approaching, but never touching, the horizontal axis as it does so.4) Unimodal5) Mean = Median = Mode6) Symmetrical with respect to the meanThat is, 50% of the area (data) under the curve lies to the left ofthe mean and 50% of the area (data) under the curve liesto the right of the mean.7) (a) 68% of the area (data) under the curve is within onestandard deviation of the mean(b) 95% of the area (data) under the curve is within twostandard deviations of the mean(c) 99.7% of the area (data) under the curve is within threestandard deviations of the mean8) The total area under the normal curve is equal to 1.


What Does The Triangle Symbol Mean on Blueprints?

Delta (of a curve)


What do you mean by point of inflection in micro-economics?

It is the same as it is in calculus: Its the point on a curve where the rate of the rate of change of the curve flips.