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प्रश्न
Why are deciles useful in economics and finance?
पर्याय
Only measure average income levels
Help in dividing populations for income and investment performance analysis
Used to determine the mean of a data set
Replace all other statistical tools
MCQ
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उत्तर
Help in dividing populations for income and investment performance analysis
Explanation:
Deciles are applied to study inequality, poverty, mutual fund performance, and other financial analyses.
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