Home AI Assistant
Beta
 Leader Board $GET Token Governance
search
All
WikiGama
Assessment
Trends
Online Study
Learning Strategies
Course Guides
Career Development
EdTech
Teacher Guide
Student Life
Parents
Modal class: For grouped data, a class that has the highest frequency
The data interval with highest frequency in a grouped distributi...Read more

Modal class: For grouped data, a class that has the highest frequency

The data interval with highest frequency in a grouped distribution, indicating the most common range of values. ...Read more
10
Dec
2025
Zero correlations: No apparent linear relationship between two sets of data
Zero correlation indicates no linear statistical relationship be...Read more

Zero correlations: No apparent linear relationship between two sets of data

Zero correlation indicates no linear statistical relationship between variables. It is a crucial, non-intuitive concept in probability and dat...Read more
10
Dec
Venn diagram: A pictorial method for illustrating the elements and interconnections of sets
A diagram using overlapping circles to show set relationships, u...Read more

Venn diagram: A pictorial method for illustrating the elements and interconnections of sets

A diagram using overlapping circles to show set relationships, unions, and intersections. ...Read more
10
Dec
Proportional tax: tax system where everyone pays the same percentage of their income
Tax fairness debated: Flat rate for all incomes. Impacts vary by...Read more

Proportional tax: tax system where everyone pays the same percentage of their income

Tax fairness debated: Flat rate for all incomes. Impacts vary by bracket....Read more
10
Dec
Regressive tax: tax system where lower-income earners pay a higher percentage of their income
Regressive taxes burden low-income earners more. This abstract e...Read more

Regressive tax: tax system where lower-income earners pay a higher percentage of their income

Regressive taxes burden low-income earners more. This abstract examines their impacts and potential policy alternatives for greater fairness....Read more
10
Dec
Progressive tax: tax system where higher-income earners pay a larger percentage of their income
Progressive taxes aim to reduce income inequality by having high...Read more

Progressive tax: tax system where higher-income earners pay a larger percentage of their income

Progressive taxes aim to reduce income inequality by having high earners pay a larger share of their income compared to low earners....Read more
10
Dec
Poverty trap: situation where low income discourages work and prevents improvement in living standards
Poverty traps: self-reinforcing cycles where low income creates ...Read more

Poverty trap: situation where low income discourages work and prevents improvement in living standards

Poverty traps: self-reinforcing cycles where low income creates barriers to work and escape, preventing improved living standards....Read more
10
Dec
Unintended consequences: unexpected side effects of policies that reduce their effectiveness
Policy side effects undermine goals via surprise outcomes, reduc...Read more

Unintended consequences: unexpected side effects of policies that reduce their effectiveness

Policy side effects undermine goals via surprise outcomes, reducing intended effectiveness....Read more
10
Dec
Administrative cost: cost to government of implementing and managing intervention
Gov intervention implementation & management expenses: administr...Read more

Administrative cost: cost to government of implementing and managing intervention

Gov intervention implementation & management expenses: administrative cost analysis....Read more
10
Dec
Income redistribution: government policies that transfer income from higher-income groups to lower-income groups
Gov policies shift income from richer to poorer groups via taxes...Read more

Income redistribution: government policies that transfer income from higher-income groups to lower-income groups

Gov policies shift income from richer to poorer groups via taxes and transfers to reduce inequality....Read more
10
Dec
Competition policy: measures designed to prevent anti-competitive behaviour and protect consumers
Preventing anti-competitive conduct to protect consumers and ens...Read more

Competition policy: measures designed to prevent anti-competitive behaviour and protect consumers

Preventing anti-competitive conduct to protect consumers and ensure fair markets....Read more
10
Dec
Privatisation: transfer of government-owned organisations to the private sector
Gov firms sold to private owners. Aims: boost efficiency, cut st...Read more

Privatisation: transfer of government-owned organisations to the private sector

Gov firms sold to private owners. Aims: boost efficiency, cut state costs. Results: mixed – often better service, but equity concerns persist....Read more
10
Dec
Nationalisation: transfer of private-sector firms to government ownership
Nationalisation: shifting private firms to state control. Examin...Read more

Nationalisation: transfer of private-sector firms to government ownership

Nationalisation: shifting private firms to state control. Examines economic impacts, policy motives, and outcomes across key case studies....Read more
10
Dec
Pollution permit (tradable permit): certificate allowing firms to emit a limited amount of pollution
Tradeable pollution permits: market-based system to cap emission...Read more

Pollution permit (tradable permit): certificate allowing firms to emit a limited amount of pollution

Tradeable pollution permits: market-based system to cap emissions efficiently via firm-level allowances....Read more
10
Dec
Regulation: rules set by the government to control economic activity
Govt rules shape markets, drive growth, and protect public inter...Read more

Regulation: rules set by the government to control economic activity

Govt rules shape markets, drive growth, and protect public interests through economic regulation....Read more
10
Dec

Blog

Go to blog
See allchevron_forward