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What is the exact meaning of typical?

Anonymous

∙ 13y ago

Updated: 9/21/2023

Having the distinctive qualities of a particular type of person or thing

Wiki User

∙ 13y ago

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What is quantitative variable?

Quantitative comes from the word "quantity" meaning an exact amount. A quantitative variable, or answer, is one where an exact numerical value is expected, such as, Liz has 4 dogs. 4 is the quantitative value. Contrast this with qualitative, where an amount is given but without exact numbers. i.e. Liz has MORE dogs than Sue. * * * * * Or even Liz has Labradors, while her parents have Great Danes.

Does typical mean the same as unique?

I think typical means repeditive and unique meansnot to often at all

Would you expect the volatility of a share index to be greater than or less than the volatility of a typical share?

The same - because that is how "typical" would be defined.

Why might estimation be better than an exact answer?

Often a quick estimate is better. The population of a city for example. An exact answer would require a lot of time and money, and by the time you got your answer, people would have moved in or out, changing the exact answer.

Font size for report?

The typical font size is usually 12.

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When the meaning of the word is NOT exact?

It would be ambiguous.

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