{"id":5221,"date":"2023-06-28T01:51:27","date_gmt":"2023-06-28T01:51:27","guid":{"rendered":"https:\/\/content.one.lumenlearning.com\/quantitativereasoning\/?post_type=back-matter&#038;p=5221"},"modified":"2023-10-27T21:46:30","modified_gmt":"2023-10-27T21:46:30","slug":"glossary-of-terms","status":"web-only","type":"back-matter","link":"https:\/\/content.one.lumenlearning.com\/quantitativereasoning\/back-matter\/glossary-of-terms\/","title":{"raw":"Glossary of Terms","rendered":"Glossary of Terms"},"content":{"raw":"<h2>Glossary of Terms<\/h2>\r\n<strong>absolute value of a number<\/strong>\r\n\r\nits distance from [latex]0[\/latex] on the number line\r\n\r\n<strong>adjusted gross income<\/strong>\r\n\r\ncommonly referred to as AGI, the total income earned by an individual or household after certain deductions have been subtracted from their gross income\r\n\r\n<strong>amortization<\/strong>\r\n\r\npaying off a debt (often from a loan or mortgage) over time through regular payments\r\n\r\n<strong>amortization table<\/strong>\r\n\r\na table that provides the details of the periodic payments for a loan where the payments are applied to both the principal and the interest\r\n\r\n<strong>annual percentage rate<\/strong>\r\n\r\nAPR is for interest paid by consumers on loans\r\n\r\n<strong>annual percentage yield<\/strong>\r\n\r\nAPY is for interest paid to consumers on savings\r\n\r\n<strong>angle<\/strong>\r\n\r\nformed when two lines, line segments, or rays meet at a common endpoint called the vertex\r\n\r\n<strong>algebraic expression<\/strong>\r\n\r\na mathematical phrase or combination of numbers, variables, and arithmetic operations such as addition, subtraction, multiplication, and division\r\n\r\n<strong>asset<\/strong>\r\n\r\nsomething that a person or a business owns and has value\r\n\r\n<b>asymmetrical proportion<\/b>\r\n\r\ninvolves different elements that balance each other out, without being identical\r\n\r\n<strong>base system<\/strong>\r\n\r\na structure within which we count\r\n\r\n<strong>basic counting rule<\/strong>\r\n\r\nthe total number of available choices is [latex]m \\cdot n[\/latex] where there are [latex]m[\/latex] items in the first category and [latex]n[\/latex] items in the second category\r\n\r\n<strong>blind study<\/strong>\r\n\r\none in which the participant does not know whether or not they are receiving the treatment or a placebo\r\n\r\n<strong>block<\/strong>\r\n\r\na group of subjects that are similar\r\n\r\n<strong>blocking<\/strong>\r\n\r\nthe grouping together of homogeneous (similar) experimental units followed by the random assignment of the experimental units within each group to a treatment\r\n\r\n<strong>bonds<\/strong>\r\n\r\ninvestments where one lend money to an issuer like a corporation or government in exchange for regular interest payments and the return of the principal at bond maturity\r\n\r\n<strong>Boolean logic<\/strong>\r\n\r\ncombines multiple statements that are either true or false into an expression that is either true or false\r\n\r\n<strong>budget<\/strong>\r\n\r\na specific financial plan for a specified time, consisting of three elements: income, saving and investing, and expenses\r\n\r\n<b>capacity<\/b>\r\n\r\nthe amount of liquid (or other pourable substance) that an object can hold when it\u2019s full\r\n\r\n<strong>cardinality<\/strong>\r\n\r\nnumber of elements in a set\r\n\r\n<strong>census<\/strong>\r\n\r\na survey of an entire population\r\n\r\n<strong>certain event<\/strong>\r\n\r\nprobability of [latex]1[\/latex]\r\n\r\n<strong>certificates of deposit (CDs)<\/strong>\r\n\r\na safe investment option where one lends money to a financial institution for a fixed term, and in return, receive predetermined interest\r\n\r\n<strong>chart<\/strong>\r\n\r\na structured presentation of data\r\n\r\n<strong>circumference<\/strong>\r\n\r\nthe distance around a circle\r\n\r\n<strong>cluster sampling<\/strong>\r\n\r\nwhere the population is divided into subgroups (clusters) and a set of subgroups are selected to be in the sample\r\n\r\n<strong>combination<\/strong>\r\n\r\na selection of objects from a set without regard to the order in which they are selected\r\n\r\n<strong>complement of a set<\/strong>\r\n\r\ncontains everything that is <em>not<\/em> in the universal set [latex]A[\/latex]\r\n\r\n<strong>complement of an event<\/strong>\r\n\r\nthe event \u201c[latex]E[\/latex] doesn\u2019t happen\u201d\r\n\r\n<strong>complex number<\/strong>\r\n\r\n[latex]z = a + b i[\/latex]\r\n\r\n<strong>complex plane<\/strong>\r\n\r\nwhere the horizontal axis is the real axis and the vertical axis is the imaginary axis\r\n\r\n<strong>compounding<\/strong>\r\n\r\nthe process where the interest earned on an investment or the interest charged on a loan is added to the principal amount, so that interest can be earned or charged on a larger amount over time\r\n\r\n<strong>compound event<\/strong>\r\n\r\na combination of two or more simple events\r\n\r\n<strong>conditional probability<\/strong>\r\n\r\nevents that are dependent on each other\r\n\r\n<strong>confounding<\/strong>\r\n\r\nwhen there are two potential variables that could have caused the outcome and it is not possible to determine which actually caused the result\r\n\r\n<strong>constant<\/strong>\r\n\r\na fixed value or a number that does not change in a particular context\r\n\r\n<strong>control group<\/strong>\r\n\r\ngroup that does not receive the treatment of interest or the placebo\r\n\r\n<strong>convenience sampling<\/strong>\r\n\r\nthe practice of samples chosen by selecting whoever is convenient\r\n\r\n<strong>counting numbers<\/strong>\r\n\r\nstart with [latex]1[\/latex] and continue\r\n\r\n<strong>credit report<\/strong>\r\n\r\na document that contains information about a person\u2019s credit history, including their credit accounts, payment history, outstanding balances, and public records such as bankruptcies or foreclosures\r\n\r\n<strong>credit score<\/strong>\r\n\r\na three-digit number that represents your creditworthiness that is calculated based on your credit history, which includes information about your past and current credit accounts, payment history, credit utilization, length of credit history, and new credit inquiries\r\n\r\n<strong>decimals<\/strong>\r\n\r\nrepresent fractions or parts of a whole, based on powers of ten, using a point known as a decimal point\r\n\r\n<strong>deductions<\/strong>\r\n\r\nspecific expenses, contributions, or allowances that individuals can subtract from their total income, thereby reducing the amount of income that is subject to taxation\r\n\r\n<strong>diameter<\/strong>\r\n\r\na line segment that passes through a circle\u2019s center connecting two points on the circle\r\n\r\n<strong>difference<\/strong> <strong>of two sets<\/strong>\r\n\r\nthe list of all the elements that are in one set but not present in the other\r\n\r\n<strong>dimensional analysis<\/strong>\r\n\r\na method used to convert from one unit to another\r\n\r\n<strong>double-blind study<\/strong>\r\n\r\none in which those interacting with the participants don\u2019t know who is in the treatment group and who is in the control group\r\n\r\n<strong>down payment<\/strong>\r\n\r\na sum of money paid upfront by a buyer as a partial payment towards the total cost of a purchase\r\n\r\n<strong>employee stock ownership plans (ESOPs)<\/strong>\r\n\r\na type of retirement plan in which the company contributes its stock to the plan for the benefit of the company\u2019s employees\r\n\r\n<strong>equation<\/strong>\r\n\r\na mathematical statement that shows the equality of two expressions, typically separated by an equal sign\r\n\r\n<strong>equivalent decimals<\/strong>\r\n\r\ntwo decimals that convert to equivalent fractions\r\n\r\n<strong>escrow account<\/strong>\r\n\r\na type of account that one\u2019s mortgage lender sets up on your behalf when you close on your home\r\n\r\n<strong>event<\/strong>\r\n\r\nany particular outcome or group of outcomes\r\n\r\n<strong>Exchange-Traded Funds (ETFs)<\/strong>\r\n\r\nsimilar to mutual funds, but they\u2019re traded on stock exchanges, much like individual stocks\r\n\r\n<strong>exemptions<\/strong>\r\n\r\nreduces the taxable income of individuals or households\r\n\r\n<strong>existential quantifiers<\/strong>\r\n\r\nstates that a set contains at least one element\r\n\r\n<strong>expected value<\/strong>\r\n\r\nthe average gain or loss of an event if the procedure is repeated many times\r\n\r\n<strong>experiment<\/strong>\r\n\r\na study in which the effects of a\u00a0treatment\u00a0are measured\r\n\r\n<strong>experimental group<\/strong>\r\n\r\ngroup that receives the treatment of interest\r\n\r\n<strong>experimental unit<\/strong>\r\n\r\nsingle object or individual to be measured in the experiment\r\n\r\n<strong>factor of interest<\/strong>\r\n\r\nthe explanatory variable (independent variable), which is what we suspect has an effect on the response variable\r\n\r\n<strong>Fibonacci sequence<\/strong>\r\n\r\na series of numbers in which each number is the sum of the two preceding ones\r\n\r\n<strong>first quartile<\/strong>\r\n\r\nthe median of the values that lie below the median for the whole data set\r\n\r\n<strong>fixed expenses<\/strong>\r\n\r\nregular expenses that remain the same every month and are required for maintaining a certain standard of living\r\n\r\n<strong>formula<\/strong>\r\n\r\na mathematical expression that represents a relationship or a rule between variables or quantities\r\n\r\n<strong>generator<\/strong>\r\n\r\nan arranged collection of scaled copies of the initiator\r\n\r\n<strong>golden rectangle<\/strong>\r\n\r\na rectangle in which the ratio of the length to the width is the golden ratio\r\n\r\n<strong>graph<\/strong>\r\n\r\na way of presenting numerical data into visual form, making trends and patterns easier to spot\r\n\r\n<strong>gross income<\/strong>\r\n\r\nthe total amount of income or earnings a person receives before any deductions or taxes are taken out\r\n\r\n<strong>gross pay<\/strong>\r\n\r\nthe larger paycheck amount that is listed on your pay stub prior to deductions for taxes\r\n\r\n<b>hierarchical proportion<\/b>\r\n\r\ninvolves elements sized according to their importance or rank\r\n\r\n<strong>Hindu-Arabic system<\/strong>\r\n\r\na base-ten system composed of the ten symbols {[latex]0[\/latex],[latex]1[\/latex],[latex]2[\/latex],[latex]3[\/latex],[latex]4[\/latex],[latex]5[\/latex],[latex]6[\/latex],[latex]7[\/latex],[latex]8[\/latex],[latex]9[\/latex]}\r\n\r\n<strong>horizon line<\/strong>\r\n\r\na horizontal line that runs across the paper or canvas to represent the viewer\u2019s eye level and delineate the sky from the ground\r\n\r\n<strong>imaginary number<\/strong>\r\n\r\n[latex]i=\\sqrt{-1}[\/latex]\r\n\r\n<strong>implication<\/strong>\r\n\r\na logical conditional sentence stating that the antecedent implies the consequence\r\n\r\n<strong>impossible event<\/strong>\r\n\r\na probability of [latex]0[\/latex]\r\n\r\n<strong>individual retirement account (IRA)<\/strong>\r\n\r\na type of savings account that is designed to help one save for retirement with tax-free growth or on a tax-deferred basis\r\n\r\n<strong>initiator<\/strong>\r\n\r\na starting shape\r\n\r\n<strong>installment loan<\/strong>\r\n\r\na type of loan that is repaid in regular, predetermined payments over a specific period of time\r\n\r\n<strong>integers<\/strong>\r\n\r\ncounting numbers, their opposites, and zero\r\n\r\n<strong>intersection of two sets<\/strong>\r\n\r\ncontains only the elements that are in both sets\r\n\r\n<strong>landlord<\/strong>\r\n\r\nthe person or company that owns property that is rented\r\n\r\n<strong>lease<\/strong>\r\n\r\na contract between a renter and a landlord\r\n\r\n<strong>left skewed<\/strong>\r\n\r\na cluster of data on the right with a tail of data tapering off to the left\r\n\r\n<b>length<\/b>\r\n\r\nthe distance from one end of an object to the other end or from one object to another\r\n\r\n<strong>liability<\/strong>\r\n\r\nsomething that a person or a business owes to someone else, typically in the form of debt or a financial obligation\r\n\r\n<strong>line<\/strong>\r\n\r\nan infinite collection of points extending infinitely in both directions\r\n\r\n<strong>line segment<\/strong>\r\n\r\na finite portion of a line with two endpoints\r\n\r\n<strong>loaded questions<\/strong>\r\n\r\nwhen the question wording influences the responses\r\n\r\n<strong>logical argument<\/strong>\r\n\r\na claim that a set of premises support a conclusion\r\n\r\n<strong>logical inference<\/strong>\r\n\r\nthe process of deriving new knowledge or conclusions based on existing knowledge or premises\r\n\r\n<strong>manufacturer\u2019s suggested retail price (MSRP)<\/strong>\r\n\r\nthe negotiated price you arrive at with a car dealership\r\n<dl id=\"fs-id1170326554396\" class=\"definition\">\r\n \t<dt><span style=\"color: #000000;\"><strong>mean<\/strong><\/span><\/dt>\r\n \t<dt><span style=\"font-size: 1rem; text-align: initial; color: #000000;\">the mean of a set of [latex]n[\/latex] numbers is the arithmetic average of the numbers<\/span><\/dt>\r\n<\/dl>\r\n<strong>measure\u00a0of an angle<\/strong>\r\n\r\na numerical value that represents the amount of rotation or separation between two lines or line segments\r\n<dl id=\"fs-id1170326458101\" class=\"definition\">\r\n \t<dt><span style=\"color: #000000;\"><strong>median<\/strong><\/span><span style=\"color: #000000;\"><span style=\"font-size: 1rem; text-align: initial;\">t<\/span><\/span><span style=\"color: #000000; font-size: 1rem; text-align: initial;\">he middle value, h<\/span><span style=\"color: #000000; font-size: 1rem; text-align: initial;\">alf the data values are less than or equal to the median and h<\/span><span style=\"color: #000000; font-size: 1rem; text-align: initial;\">alf the data values are greater than or equal to the median<\/span><\/dt>\r\n<\/dl>\r\n<strong>metric system<\/strong>\r\n\r\na base [latex]10[\/latex] system that uses the base units meter,\u00a0liter, and\u00a0gram to measure length, liquid volume, and mass\r\n<dl id=\"fs-id1170326562245\" class=\"definition\">\r\n \t<dt><span style=\"color: #000000;\"><strong>mode<\/strong><\/span>\r\n\r\n<span style=\"color: #000000; font-size: 1rem; text-align: initial;\">the number with the highest frequency<\/span><\/dt>\r\n \t<dt><strong>mortgage<\/strong>\r\n\r\na type of loan that individuals or businesses take out to purchase real estate\r\n\r\n<strong>mutual funds<\/strong>\r\n\r\ninvestment vehicles that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities\r\n\r\n<strong>net pay<\/strong>\r\n\r\nthe larger paycheck amount that is listed on your pay stub prior to deductions for taxes\r\n\r\n<strong>net worth<\/strong>\r\n\r\nthe total measure of one\u2019s wealth, calculated by subtracting what one owes (liabilities) from what one owns (assets)\r\n\r\n<strong>non-response bias<\/strong>\r\n\r\nwhen people refusing to participate in the study can influence the validity of the outcome\r\n\r\n<strong>observational study<\/strong>\r\n\r\na study based on observations or measurements\r\n\r\n<strong>observational units<\/strong>\r\n\r\nthe group of individuals, animals, or objects who are being measured or surveyed in a study\r\n\r\n<strong>one-point perspective<\/strong>\r\n\r\nwhere all lines converge to a single point on the horizon<\/dt>\r\n<\/dl>\r\n<strong>one to one correspondence<\/strong>\r\n\r\nwhen items that are being counted are uniquely linked with some counting tool\r\n\r\n<strong>opposite of a number<\/strong>\r\n\r\nthe number that is the same distance from zero on the number line but on the opposite side of zero\r\n\r\n<strong>outcome<\/strong>\r\n\r\nresult of an experiment\r\n\r\n<strong>outstanding balance<\/strong>\r\n\r\nthe total amount of money that one currently owes on their credit card account\r\n\r\n<strong>parallel lines<\/strong>\r\n\r\nlines that lie in the same plane and move in the same direction, but never intersect\r\n\r\n<strong>parameter<\/strong>\r\n\r\na value (average, percentage, etc.) calculated using all the data from a population\r\n\r\n<strong>payout annuity<\/strong>\r\n\r\nallows an individual to receive regular payments, usually on a monthly or yearly basis, for a predetermined period of time\r\n\r\n<strong>perceived lack of anonymity<\/strong>\r\n\r\nwhen the responder fears giving an honest answer might negatively affect them\r\n\r\n<strong>permutation<\/strong>\r\n\r\nan arrangement of a set of objects in a particular order. In permutations, the order in which the objects are arranged is important\r\n\r\n<strong>perpendicular lines<\/strong>\r\n\r\ntwo lines that intersect at a [latex]90^\\circ[\/latex] angle\r\n\r\n<b>perspective<\/b>\r\n\r\na drawing technique that portrays depth and volume on a flat surface\r\n\r\n<strong>placebo<\/strong>\r\n\r\na dummy treatment given to control for the placebo effect\r\n\r\n<strong>placebo effect<\/strong>\r\n\r\nwhen the effectiveness of a treatment is influenced by the patient\u2019s perception of how effective they think the treatment will be, so a result might be seen even if the treatment is ineffectual\r\n\r\n<strong>plane<\/strong>\r\n\r\na two-dimensional surface with infinite length and width, and no thickness\r\n\r\n<strong>point<\/strong>\r\n\r\na location in space with no length, width, or height\r\n\r\n<strong>population<\/strong>\r\n\r\nthe group the collected data is intended to describe\r\n\r\n<strong>principal<\/strong>\r\n\r\nthe amount of money that is borrowed or invested\r\n\r\n<strong>profit-sharing plan<\/strong>\r\n\r\nemployers share a portion of company profits with employees by contributing to their retirement savings\r\n\r\n<strong>proper subset<\/strong>\r\n\r\na subset that is not identical to the original set as it contains fewer elements\r\n\r\n<strong>proportion<\/strong>\r\n\r\nan equation showing the equivalence of two rates or ratios\r\n\r\n<strong>proportion equation<\/strong>\r\n\r\nan equation showing the equivalence of two rates or ratios\r\n\r\n<strong>prospectus<\/strong>\r\n\r\na pamphlet or brochure that provides information about the mutual fund\r\n\r\n<strong>qualitative data<\/strong>\r\n\r\nthe result of categorizing or describing attributes of a population\r\n\r\n<strong>quantitative data<\/strong>\r\n\r\nthe result of counting or measuring attributes of a population\r\n\r\n<strong>quota sampling<\/strong>\r\n\r\nwhere samples are collected in each subgroup until the desired quota is met\r\n\r\n<strong>radius<\/strong>\r\n\r\na line segment from the center to any point on the circle\r\n\r\n<strong>random sample<\/strong>\r\n\r\nwhere each member of the population has an equal probability of being chosen\r\n\r\n<strong>rate<\/strong>\r\n\r\na specific kind of ratio in which two measurements with different units are related to each other\r\n\r\n<strong>ratio<\/strong>\r\n\r\na comparison between two quantities or measures\r\n\r\n<strong>ray<\/strong>\r\n\r\na part of a line that starts at an endpoint and extends infinitely in one direction\r\n\r\n<strong>recursive relationship<\/strong>\r\n\r\na formula which relates the next value, [latex]{{z}_{n+1}}[\/latex], in a sequence to the previous value, [latex]{{z}_{n}}[\/latex], with an initial value of [latex]{{z}_{0}}[\/latex]\r\n\r\n<strong>recursive sequence<\/strong>\r\n\r\nthe sequence of values from a recursive relationship\r\n\r\n<strong>reflection symmetry<\/strong>\r\n\r\nwhen one half of an image, shape or design is the mirror image of the other half\r\n\r\n<strong>response bias<\/strong>\r\n\r\nwhen the responder gives inaccurate responses for any reason\r\n\r\n<strong>response factor<\/strong>\r\n\r\nthe dependent variable, which we suspect is affected by the factor of interest\r\n\r\n<strong>right skewed<\/strong>\r\n\r\na cluster of data on the left with a tail of data tapering off to the right\r\n\r\n<b>Roman numerals<\/b>\r\n\r\na counting system where numbers in the system are represented by combinations of letters from the Latin alphabet\r\n\r\n<strong>rotation symmetry<\/strong>\r\n\r\nwhen a design or image can be rotated around a central point and still appear the same\r\n\r\n<strong>Roth IRA<\/strong>\r\n\r\ncontributions are made with post-tax income, meaning you pay taxes now rather than in retirement\r\n\r\n<strong>Rule of Thirds<\/strong>\r\n\r\nan image can be divided into nine equal parts by two equally spaced horizontal lines and two equally spaced vertical lines\r\n\r\n<strong>sample<\/strong>\r\n\r\na smaller subset of the entire population, ideally one that is fairly representative of the whole population\r\n\r\n<strong>sample space<\/strong>\r\n\r\nthe set of all possible simple events\r\n\r\n<strong>sampling bias<\/strong>\r\n\r\nwhen a sample is collected from a population and some members of the population are not as likely to be chosen as others\r\n\r\n<strong>savings annuity<\/strong>\r\n\r\nallows an individual to save money and earn interest on a regular basis, typically over a long period of time\r\n\r\n<strong>scientific notation<\/strong>\r\n\r\na way of writing numbers that are very large or very small in a compact and convenient form\r\n\r\n<strong>security deposit<\/strong>\r\n\r\na sum of money that the landlord holds until the renter leaves the rental property\r\n\r\n<strong>self-interest study<\/strong>\r\n\r\nbias that can occur when the researchers have an interest in the outcome\r\n\r\n<strong>self-similar<\/strong>\r\n\r\nwhen a shape looks essentially the same from a distance as it does closer up\r\n\r\n<strong>set<\/strong>\r\n\r\ncollection of distinct objects, or elements\r\n\r\n<strong>simple event<\/strong>\r\n\r\nan event that cannot be broken down further\r\n\r\n<strong>s<\/strong><strong>imple interest<\/strong>\r\n\r\nthe interest that is calculated only on the principal amount\r\n\r\n<strong>simple random sample<\/strong>\r\n\r\nwhere every member of the population and any group of members has an equal probability of being chosen\r\n\r\n<strong>statement balance<\/strong>\r\n\r\nthe amount of money that one owes on their credit card at the end of a billing cycle\r\n\r\n<strong>statistic<\/strong>\r\n\r\na value (average, percentage, etc.) calculated using the data from a sample\r\n\r\n<strong>stocks<\/strong>\r\n\r\ninvestments that grant ownership shares in a corporation, potentially enabling investors to share in a company\u2019s success through increases in the stock\u2019s price and dividends\r\n\r\n<strong>stratified sampling<\/strong>\r\n\r\nwhere random samples are taken from each subgroup (or strata) with sample sizes proportional to the size of the subgroup in the population.\r\n\r\n<strong>subset<\/strong>\r\n\r\nset that contains only elements from the set [latex]A[\/latex], but may not contain all the elements of [latex]A[\/latex]\r\n\r\n<strong>surface area<\/strong>\r\n\r\na square measure of the total area of all the sides\r\n\r\n<strong>symmetric<\/strong>\r\n\r\na cluster of data where the left and right sides of the distribution <em>closely<\/em>\u00a0<em>mirror<\/em> each other\r\n\r\n<b>symmetrical proportion<\/b>\r\n\r\nwhen elements are mirrored on either side of an axis\r\n\r\n<strong>symmetry<\/strong>\r\n\r\na sense of harmonious and aesthetically pleasing proportionality and balance\r\n\r\n<strong>systematic sampling<\/strong>\r\n\r\nevery [latex]n[\/latex]<em><sup>th<\/sup><\/em> member of the population is selected to be in the sample\r\n\r\n<strong>table<\/strong>\r\n\r\norganize data in a clear and concise manner\r\n\r\n<strong>tax credits<\/strong>\r\n\r\ndirect reductions in the amount of tax liability owed to the government\r\n\r\n<strong>taxable income<\/strong>\r\n\r\nthe portion of an individual\u2019s income that is subject to taxation\r\n\r\n<strong>the quipu<\/strong>\r\n\r\na collection of cords with knots in them used as a permanent recording of quantities or computations\r\n\r\n<strong>third quartile<\/strong>\r\n\r\nthe median of the values that lie above the median for the whole data set\r\n\r\n<strong>three-point perspective<\/strong>\r\n\r\nused when you want to create a bird\u2019s-eye view or a worm\u2019s-eye view\r\n\r\n<strong>traditional IRA<\/strong>\r\n\r\ncontributions are often tax-deductible, depending on your income, filing status, and whether you or your spouse have a retirement plan at work\r\n\r\n<strong>translation symmetry<\/strong>\r\n\r\nwhen an image or design being repeated in a straight line\r\n\r\n<strong>transversal<\/strong>\r\n\r\na line that intersects two or more other parallel lines creating eight angles, including alternate interior angles, alternate exterior angles, corresponding angles, vertical angles, and supplementary angles\r\n\r\n<strong>truth table<\/strong>\r\n\r\na table showing what the resulting truth value of a complex statement is for all the possible truth values for the simple statements\r\n\r\n<strong>two-point perspective<\/strong>\r\n\r\nwhere the object is viewed at an angle rather than from the front\r\n\r\n<strong>undercoverage<\/strong>\r\n\r\noccurs when some groups of the population are left out of the sampling process\r\n\r\n<strong>union of two sets<\/strong>\r\n\r\ncontains all the elements contained in either set (or both sets)\r\n\r\n<strong>unit rate<\/strong>\r\n\r\na rate with a denominator of one\r\n\r\n<strong>universal set<\/strong>\r\n\r\na set that contains all elements of interest\r\n\r\n<strong>universal quantifiers<\/strong>\r\n\r\nstates that an entire set of things share a characteristic\r\n\r\n<strong>vanishing points<\/strong>\r\n\r\npoints located on the horizon line where parallel lines appear to converge in a perspective drawing\r\n\r\n<strong>variable<\/strong>\r\n\r\na symbol that represents a value or quantity that can change or vary in a given situation or context\r\n\r\n<strong>variables<\/strong>\r\n\r\nthe characteristics of the observational units in a study\r\n\r\n<strong>variable expenses<\/strong>\r\n\r\nexpenses that can fluctuate from month to month or are discretionary in nature\r\n\r\n<strong>vertical angles<\/strong>\r\n\r\na pair of opposite angles that are formed when two lines intersect\r\n\r\n<b>viewpoint<\/b>\r\n\r\nthe position from which the artist observes or envisions their subject\r\n\r\n<strong>volume<\/strong>\r\n\r\na cubic measure of the amount of space inside an object\r\n\r\n<strong>voluntary response bias<\/strong>\r\n\r\nthe sampling bias that often occurs when the sample is volunteers\r\n\r\n<strong>voluntary response sampling<\/strong>\r\n\r\nallowing the sample to volunteer\r\n\r\n<b>weight<\/b>\r\n\r\nhow heavy or light an object is\r\n\r\n<strong>whole numbers<\/strong>\r\n\r\ncounting numbers and zero\r\n\r\n<strong>[latex]5[\/latex]-number summary<\/strong>\r\n\r\nMinimum, [latex]Q1[\/latex], Median, [latex]Q3[\/latex], Maximum","rendered":"<h2>Glossary of Terms<\/h2>\n<p><strong>absolute value of a number<\/strong><\/p>\n<p>its distance from [latex]0[\/latex] on the number line<\/p>\n<p><strong>adjusted gross income<\/strong><\/p>\n<p>commonly referred to as AGI, the total income earned by an individual or household after certain deductions have been subtracted from their gross income<\/p>\n<p><strong>amortization<\/strong><\/p>\n<p>paying off a debt (often from a loan or mortgage) over time through regular payments<\/p>\n<p><strong>amortization table<\/strong><\/p>\n<p>a table that provides the details of the periodic payments for a loan where the payments are applied to both the principal and the interest<\/p>\n<p><strong>annual percentage rate<\/strong><\/p>\n<p>APR is for interest paid by consumers on loans<\/p>\n<p><strong>annual percentage yield<\/strong><\/p>\n<p>APY is for interest paid to consumers on savings<\/p>\n<p><strong>angle<\/strong><\/p>\n<p>formed when two lines, line segments, or rays meet at a common endpoint called the vertex<\/p>\n<p><strong>algebraic expression<\/strong><\/p>\n<p>a mathematical phrase or combination of numbers, variables, and arithmetic operations such as addition, subtraction, multiplication, and division<\/p>\n<p><strong>asset<\/strong><\/p>\n<p>something that a person or a business owns and has value<\/p>\n<p><b>asymmetrical proportion<\/b><\/p>\n<p>involves different elements that balance each other out, without being identical<\/p>\n<p><strong>base system<\/strong><\/p>\n<p>a structure within which we count<\/p>\n<p><strong>basic counting rule<\/strong><\/p>\n<p>the total number of available choices is [latex]m \\cdot n[\/latex] where there are [latex]m[\/latex] items in the first category and [latex]n[\/latex] items in the second category<\/p>\n<p><strong>blind study<\/strong><\/p>\n<p>one in which the participant does not know whether or not they are receiving the treatment or a placebo<\/p>\n<p><strong>block<\/strong><\/p>\n<p>a group of subjects that are similar<\/p>\n<p><strong>blocking<\/strong><\/p>\n<p>the grouping together of homogeneous (similar) experimental units followed by the random assignment of the experimental units within each group to a treatment<\/p>\n<p><strong>bonds<\/strong><\/p>\n<p>investments where one lend money to an issuer like a corporation or government in exchange for regular interest payments and the return of the principal at bond maturity<\/p>\n<p><strong>Boolean logic<\/strong><\/p>\n<p>combines multiple statements that are either true or false into an expression that is either true or false<\/p>\n<p><strong>budget<\/strong><\/p>\n<p>a specific financial plan for a specified time, consisting of three elements: income, saving and investing, and expenses<\/p>\n<p><b>capacity<\/b><\/p>\n<p>the amount of liquid (or other pourable substance) that an object can hold when it\u2019s full<\/p>\n<p><strong>cardinality<\/strong><\/p>\n<p>number of elements in a set<\/p>\n<p><strong>census<\/strong><\/p>\n<p>a survey of an entire population<\/p>\n<p><strong>certain event<\/strong><\/p>\n<p>probability of [latex]1[\/latex]<\/p>\n<p><strong>certificates of deposit (CDs)<\/strong><\/p>\n<p>a safe investment option where one lends money to a financial institution for a fixed term, and in return, receive predetermined interest<\/p>\n<p><strong>chart<\/strong><\/p>\n<p>a structured presentation of data<\/p>\n<p><strong>circumference<\/strong><\/p>\n<p>the distance around a circle<\/p>\n<p><strong>cluster sampling<\/strong><\/p>\n<p>where the population is divided into subgroups (clusters) and a set of subgroups are selected to be in the sample<\/p>\n<p><strong>combination<\/strong><\/p>\n<p>a selection of objects from a set without regard to the order in which they are selected<\/p>\n<p><strong>complement of a set<\/strong><\/p>\n<p>contains everything that is <em>not<\/em> in the universal set [latex]A[\/latex]<\/p>\n<p><strong>complement of an event<\/strong><\/p>\n<p>the event \u201c[latex]E[\/latex] doesn\u2019t happen\u201d<\/p>\n<p><strong>complex number<\/strong><\/p>\n<p>[latex]z = a + b i[\/latex]<\/p>\n<p><strong>complex plane<\/strong><\/p>\n<p>where the horizontal axis is the real axis and the vertical axis is the imaginary axis<\/p>\n<p><strong>compounding<\/strong><\/p>\n<p>the process where the interest earned on an investment or the interest charged on a loan is added to the principal amount, so that interest can be earned or charged on a larger amount over time<\/p>\n<p><strong>compound event<\/strong><\/p>\n<p>a combination of two or more simple events<\/p>\n<p><strong>conditional probability<\/strong><\/p>\n<p>events that are dependent on each other<\/p>\n<p><strong>confounding<\/strong><\/p>\n<p>when there are two potential variables that could have caused the outcome and it is not possible to determine which actually caused the result<\/p>\n<p><strong>constant<\/strong><\/p>\n<p>a fixed value or a number that does not change in a particular context<\/p>\n<p><strong>control group<\/strong><\/p>\n<p>group that does not receive the treatment of interest or the placebo<\/p>\n<p><strong>convenience sampling<\/strong><\/p>\n<p>the practice of samples chosen by selecting whoever is convenient<\/p>\n<p><strong>counting numbers<\/strong><\/p>\n<p>start with [latex]1[\/latex] and continue<\/p>\n<p><strong>credit report<\/strong><\/p>\n<p>a document that contains information about a person\u2019s credit history, including their credit accounts, payment history, outstanding balances, and public records such as bankruptcies or foreclosures<\/p>\n<p><strong>credit score<\/strong><\/p>\n<p>a three-digit number that represents your creditworthiness that is calculated based on your credit history, which includes information about your past and current credit accounts, payment history, credit utilization, length of credit history, and new credit inquiries<\/p>\n<p><strong>decimals<\/strong><\/p>\n<p>represent fractions or parts of a whole, based on powers of ten, using a point known as a decimal point<\/p>\n<p><strong>deductions<\/strong><\/p>\n<p>specific expenses, contributions, or allowances that individuals can subtract from their total income, thereby reducing the amount of income that is subject to taxation<\/p>\n<p><strong>diameter<\/strong><\/p>\n<p>a line segment that passes through a circle\u2019s center connecting two points on the circle<\/p>\n<p><strong>difference<\/strong> <strong>of two sets<\/strong><\/p>\n<p>the list of all the elements that are in one set but not present in the other<\/p>\n<p><strong>dimensional analysis<\/strong><\/p>\n<p>a method used to convert from one unit to another<\/p>\n<p><strong>double-blind study<\/strong><\/p>\n<p>one in which those interacting with the participants don\u2019t know who is in the treatment group and who is in the control group<\/p>\n<p><strong>down payment<\/strong><\/p>\n<p>a sum of money paid upfront by a buyer as a partial payment towards the total cost of a purchase<\/p>\n<p><strong>employee stock ownership plans (ESOPs)<\/strong><\/p>\n<p>a type of retirement plan in which the company contributes its stock to the plan for the benefit of the company\u2019s employees<\/p>\n<p><strong>equation<\/strong><\/p>\n<p>a mathematical statement that shows the equality of two expressions, typically separated by an equal sign<\/p>\n<p><strong>equivalent decimals<\/strong><\/p>\n<p>two decimals that convert to equivalent fractions<\/p>\n<p><strong>escrow account<\/strong><\/p>\n<p>a type of account that one\u2019s mortgage lender sets up on your behalf when you close on your home<\/p>\n<p><strong>event<\/strong><\/p>\n<p>any particular outcome or group of outcomes<\/p>\n<p><strong>Exchange-Traded Funds (ETFs)<\/strong><\/p>\n<p>similar to mutual funds, but they\u2019re traded on stock exchanges, much like individual stocks<\/p>\n<p><strong>exemptions<\/strong><\/p>\n<p>reduces the taxable income of individuals or households<\/p>\n<p><strong>existential quantifiers<\/strong><\/p>\n<p>states that a set contains at least one element<\/p>\n<p><strong>expected value<\/strong><\/p>\n<p>the average gain or loss of an event if the procedure is repeated many times<\/p>\n<p><strong>experiment<\/strong><\/p>\n<p>a study in which the effects of a\u00a0treatment\u00a0are measured<\/p>\n<p><strong>experimental group<\/strong><\/p>\n<p>group that receives the treatment of interest<\/p>\n<p><strong>experimental unit<\/strong><\/p>\n<p>single object or individual to be measured in the experiment<\/p>\n<p><strong>factor of interest<\/strong><\/p>\n<p>the explanatory variable (independent variable), which is what we suspect has an effect on the response variable<\/p>\n<p><strong>Fibonacci sequence<\/strong><\/p>\n<p>a series of numbers in which each number is the sum of the two preceding ones<\/p>\n<p><strong>first quartile<\/strong><\/p>\n<p>the median of the values that lie below the median for the whole data set<\/p>\n<p><strong>fixed expenses<\/strong><\/p>\n<p>regular expenses that remain the same every month and are required for maintaining a certain standard of living<\/p>\n<p><strong>formula<\/strong><\/p>\n<p>a mathematical expression that represents a relationship or a rule between variables or quantities<\/p>\n<p><strong>generator<\/strong><\/p>\n<p>an arranged collection of scaled copies of the initiator<\/p>\n<p><strong>golden rectangle<\/strong><\/p>\n<p>a rectangle in which the ratio of the length to the width is the golden ratio<\/p>\n<p><strong>graph<\/strong><\/p>\n<p>a way of presenting numerical data into visual form, making trends and patterns easier to spot<\/p>\n<p><strong>gross income<\/strong><\/p>\n<p>the total amount of income or earnings a person receives before any deductions or taxes are taken out<\/p>\n<p><strong>gross pay<\/strong><\/p>\n<p>the larger paycheck amount that is listed on your pay stub prior to deductions for taxes<\/p>\n<p><b>hierarchical proportion<\/b><\/p>\n<p>involves elements sized according to their importance or rank<\/p>\n<p><strong>Hindu-Arabic system<\/strong><\/p>\n<p>a base-ten system composed of the ten symbols {[latex]0[\/latex],[latex]1[\/latex],[latex]2[\/latex],[latex]3[\/latex],[latex]4[\/latex],[latex]5[\/latex],[latex]6[\/latex],[latex]7[\/latex],[latex]8[\/latex],[latex]9[\/latex]}<\/p>\n<p><strong>horizon line<\/strong><\/p>\n<p>a horizontal line that runs across the paper or canvas to represent the viewer\u2019s eye level and delineate the sky from the ground<\/p>\n<p><strong>imaginary number<\/strong><\/p>\n<p>[latex]i=\\sqrt{-1}[\/latex]<\/p>\n<p><strong>implication<\/strong><\/p>\n<p>a logical conditional sentence stating that the antecedent implies the consequence<\/p>\n<p><strong>impossible event<\/strong><\/p>\n<p>a probability of [latex]0[\/latex]<\/p>\n<p><strong>individual retirement account (IRA)<\/strong><\/p>\n<p>a type of savings account that is designed to help one save for retirement with tax-free growth or on a tax-deferred basis<\/p>\n<p><strong>initiator<\/strong><\/p>\n<p>a starting shape<\/p>\n<p><strong>installment loan<\/strong><\/p>\n<p>a type of loan that is repaid in regular, predetermined payments over a specific period of time<\/p>\n<p><strong>integers<\/strong><\/p>\n<p>counting numbers, their opposites, and zero<\/p>\n<p><strong>intersection of two sets<\/strong><\/p>\n<p>contains only the elements that are in both sets<\/p>\n<p><strong>landlord<\/strong><\/p>\n<p>the person or company that owns property that is rented<\/p>\n<p><strong>lease<\/strong><\/p>\n<p>a contract between a renter and a landlord<\/p>\n<p><strong>left skewed<\/strong><\/p>\n<p>a cluster of data on the right with a tail of data tapering off to the left<\/p>\n<p><b>length<\/b><\/p>\n<p>the distance from one end of an object to the other end or from one object to another<\/p>\n<p><strong>liability<\/strong><\/p>\n<p>something that a person or a business owes to someone else, typically in the form of debt or a financial obligation<\/p>\n<p><strong>line<\/strong><\/p>\n<p>an infinite collection of points extending infinitely in both directions<\/p>\n<p><strong>line segment<\/strong><\/p>\n<p>a finite portion of a line with two endpoints<\/p>\n<p><strong>loaded questions<\/strong><\/p>\n<p>when the question wording influences the responses<\/p>\n<p><strong>logical argument<\/strong><\/p>\n<p>a claim that a set of premises support a conclusion<\/p>\n<p><strong>logical inference<\/strong><\/p>\n<p>the process of deriving new knowledge or conclusions based on existing knowledge or premises<\/p>\n<p><strong>manufacturer\u2019s suggested retail price (MSRP)<\/strong><\/p>\n<p>the negotiated price you arrive at with a car dealership<\/p>\n<dl id=\"fs-id1170326554396\" class=\"definition\">\n<dt><span style=\"color: #000000;\"><strong>mean<\/strong><\/span><\/dt>\n<dt><span style=\"font-size: 1rem; text-align: initial; color: #000000;\">the mean of a set of [latex]n[\/latex] numbers is the arithmetic average of the numbers<\/span><\/dt>\n<\/dl>\n<p><strong>measure\u00a0of an angle<\/strong><\/p>\n<p>a numerical value that represents the amount of rotation or separation between two lines or line segments<\/p>\n<dl id=\"fs-id1170326458101\" class=\"definition\">\n<dt><span style=\"color: #000000;\"><strong>median<\/strong><\/span><span style=\"color: #000000;\"><span style=\"font-size: 1rem; text-align: initial;\">t<\/span><\/span><span style=\"color: #000000; font-size: 1rem; text-align: initial;\">he middle value, h<\/span><span style=\"color: #000000; font-size: 1rem; text-align: initial;\">alf the data values are less than or equal to the median and h<\/span><span style=\"color: #000000; font-size: 1rem; text-align: initial;\">alf the data values are greater than or equal to the median<\/span><\/dt>\n<\/dl>\n<p><strong>metric system<\/strong><\/p>\n<p>a base [latex]10[\/latex] system that uses the base units meter,\u00a0liter, and\u00a0gram to measure length, liquid volume, and mass<\/p>\n<dl id=\"fs-id1170326562245\" class=\"definition\">\n<dt><span style=\"color: #000000;\"><strong>mode<\/strong><\/span><\/p>\n<p><span style=\"color: #000000; font-size: 1rem; text-align: initial;\">the number with the highest frequency<\/span><\/dt>\n<dt><strong>mortgage<\/strong><\/p>\n<p>a type of loan that individuals or businesses take out to purchase real estate<\/p>\n<p><strong>mutual funds<\/strong><\/p>\n<p>investment vehicles that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities<\/p>\n<p><strong>net pay<\/strong><\/p>\n<p>the larger paycheck amount that is listed on your pay stub prior to deductions for taxes<\/p>\n<p><strong>net worth<\/strong><\/p>\n<p>the total measure of one\u2019s wealth, calculated by subtracting what one owes (liabilities) from what one owns (assets)<\/p>\n<p><strong>non-response bias<\/strong><\/p>\n<p>when people refusing to participate in the study can influence the validity of the outcome<\/p>\n<p><strong>observational study<\/strong><\/p>\n<p>a study based on observations or measurements<\/p>\n<p><strong>observational units<\/strong><\/p>\n<p>the group of individuals, animals, or objects who are being measured or surveyed in a study<\/p>\n<p><strong>one-point perspective<\/strong><\/p>\n<p>where all lines converge to a single point on the horizon<\/dt>\n<\/dl>\n<p><strong>one to one correspondence<\/strong><\/p>\n<p>when items that are being counted are uniquely linked with some counting tool<\/p>\n<p><strong>opposite of a number<\/strong><\/p>\n<p>the number that is the same distance from zero on the number line but on the opposite side of zero<\/p>\n<p><strong>outcome<\/strong><\/p>\n<p>result of an experiment<\/p>\n<p><strong>outstanding balance<\/strong><\/p>\n<p>the total amount of money that one currently owes on their credit card account<\/p>\n<p><strong>parallel lines<\/strong><\/p>\n<p>lines that lie in the same plane and move in the same direction, but never intersect<\/p>\n<p><strong>parameter<\/strong><\/p>\n<p>a value (average, percentage, etc.) calculated using all the data from a population<\/p>\n<p><strong>payout annuity<\/strong><\/p>\n<p>allows an individual to receive regular payments, usually on a monthly or yearly basis, for a predetermined period of time<\/p>\n<p><strong>perceived lack of anonymity<\/strong><\/p>\n<p>when the responder fears giving an honest answer might negatively affect them<\/p>\n<p><strong>permutation<\/strong><\/p>\n<p>an arrangement of a set of objects in a particular order. In permutations, the order in which the objects are arranged is important<\/p>\n<p><strong>perpendicular lines<\/strong><\/p>\n<p>two lines that intersect at a [latex]90^\\circ[\/latex] angle<\/p>\n<p><b>perspective<\/b><\/p>\n<p>a drawing technique that portrays depth and volume on a flat surface<\/p>\n<p><strong>placebo<\/strong><\/p>\n<p>a dummy treatment given to control for the placebo effect<\/p>\n<p><strong>placebo effect<\/strong><\/p>\n<p>when the effectiveness of a treatment is influenced by the patient\u2019s perception of how effective they think the treatment will be, so a result might be seen even if the treatment is ineffectual<\/p>\n<p><strong>plane<\/strong><\/p>\n<p>a two-dimensional surface with infinite length and width, and no thickness<\/p>\n<p><strong>point<\/strong><\/p>\n<p>a location in space with no length, width, or height<\/p>\n<p><strong>population<\/strong><\/p>\n<p>the group the collected data is intended to describe<\/p>\n<p><strong>principal<\/strong><\/p>\n<p>the amount of money that is borrowed or invested<\/p>\n<p><strong>profit-sharing plan<\/strong><\/p>\n<p>employers share a portion of company profits with employees by contributing to their retirement savings<\/p>\n<p><strong>proper subset<\/strong><\/p>\n<p>a subset that is not identical to the original set as it contains fewer elements<\/p>\n<p><strong>proportion<\/strong><\/p>\n<p>an equation showing the equivalence of two rates or ratios<\/p>\n<p><strong>proportion equation<\/strong><\/p>\n<p>an equation showing the equivalence of two rates or ratios<\/p>\n<p><strong>prospectus<\/strong><\/p>\n<p>a pamphlet or brochure that provides information about the mutual fund<\/p>\n<p><strong>qualitative data<\/strong><\/p>\n<p>the result of categorizing or describing attributes of a population<\/p>\n<p><strong>quantitative data<\/strong><\/p>\n<p>the result of counting or measuring attributes of a population<\/p>\n<p><strong>quota sampling<\/strong><\/p>\n<p>where samples are collected in each subgroup until the desired quota is met<\/p>\n<p><strong>radius<\/strong><\/p>\n<p>a line segment from the center to any point on the circle<\/p>\n<p><strong>random sample<\/strong><\/p>\n<p>where each member of the population has an equal probability of being chosen<\/p>\n<p><strong>rate<\/strong><\/p>\n<p>a specific kind of ratio in which two measurements with different units are related to each other<\/p>\n<p><strong>ratio<\/strong><\/p>\n<p>a comparison between two quantities or measures<\/p>\n<p><strong>ray<\/strong><\/p>\n<p>a part of a line that starts at an endpoint and extends infinitely in one direction<\/p>\n<p><strong>recursive relationship<\/strong><\/p>\n<p>a formula which relates the next value, [latex]{{z}_{n+1}}[\/latex], in a sequence to the previous value, [latex]{{z}_{n}}[\/latex], with an initial value of [latex]{{z}_{0}}[\/latex]<\/p>\n<p><strong>recursive sequence<\/strong><\/p>\n<p>the sequence of values from a recursive relationship<\/p>\n<p><strong>reflection symmetry<\/strong><\/p>\n<p>when one half of an image, shape or design is the mirror image of the other half<\/p>\n<p><strong>response bias<\/strong><\/p>\n<p>when the responder gives inaccurate responses for any reason<\/p>\n<p><strong>response factor<\/strong><\/p>\n<p>the dependent variable, which we suspect is affected by the factor of interest<\/p>\n<p><strong>right skewed<\/strong><\/p>\n<p>a cluster of data on the left with a tail of data tapering off to the right<\/p>\n<p><b>Roman numerals<\/b><\/p>\n<p>a counting system where numbers in the system are represented by combinations of letters from the Latin alphabet<\/p>\n<p><strong>rotation symmetry<\/strong><\/p>\n<p>when a design or image can be rotated around a central point and still appear the same<\/p>\n<p><strong>Roth IRA<\/strong><\/p>\n<p>contributions are made with post-tax income, meaning you pay taxes now rather than in retirement<\/p>\n<p><strong>Rule of Thirds<\/strong><\/p>\n<p>an image can be divided into nine equal parts by two equally spaced horizontal lines and two equally spaced vertical lines<\/p>\n<p><strong>sample<\/strong><\/p>\n<p>a smaller subset of the entire population, ideally one that is fairly representative of the whole population<\/p>\n<p><strong>sample space<\/strong><\/p>\n<p>the set of all possible simple events<\/p>\n<p><strong>sampling bias<\/strong><\/p>\n<p>when a sample is collected from a population and some members of the population are not as likely to be chosen as others<\/p>\n<p><strong>savings annuity<\/strong><\/p>\n<p>allows an individual to save money and earn interest on a regular basis, typically over a long period of time<\/p>\n<p><strong>scientific notation<\/strong><\/p>\n<p>a way of writing numbers that are very large or very small in a compact and convenient form<\/p>\n<p><strong>security deposit<\/strong><\/p>\n<p>a sum of money that the landlord holds until the renter leaves the rental property<\/p>\n<p><strong>self-interest study<\/strong><\/p>\n<p>bias that can occur when the researchers have an interest in the outcome<\/p>\n<p><strong>self-similar<\/strong><\/p>\n<p>when a shape looks essentially the same from a distance as it does closer up<\/p>\n<p><strong>set<\/strong><\/p>\n<p>collection of distinct objects, or elements<\/p>\n<p><strong>simple event<\/strong><\/p>\n<p>an event that cannot be broken down further<\/p>\n<p><strong>s<\/strong><strong>imple interest<\/strong><\/p>\n<p>the interest that is calculated only on the principal amount<\/p>\n<p><strong>simple random sample<\/strong><\/p>\n<p>where every member of the population and any group of members has an equal probability of being chosen<\/p>\n<p><strong>statement balance<\/strong><\/p>\n<p>the amount of money that one owes on their credit card at the end of a billing cycle<\/p>\n<p><strong>statistic<\/strong><\/p>\n<p>a value (average, percentage, etc.) calculated using the data from a sample<\/p>\n<p><strong>stocks<\/strong><\/p>\n<p>investments that grant ownership shares in a corporation, potentially enabling investors to share in a company\u2019s success through increases in the stock\u2019s price and dividends<\/p>\n<p><strong>stratified sampling<\/strong><\/p>\n<p>where random samples are taken from each subgroup (or strata) with sample sizes proportional to the size of the subgroup in the population.<\/p>\n<p><strong>subset<\/strong><\/p>\n<p>set that contains only elements from the set [latex]A[\/latex], but may not contain all the elements of [latex]A[\/latex]<\/p>\n<p><strong>surface area<\/strong><\/p>\n<p>a square measure of the total area of all the sides<\/p>\n<p><strong>symmetric<\/strong><\/p>\n<p>a cluster of data where the left and right sides of the distribution <em>closely<\/em>\u00a0<em>mirror<\/em> each other<\/p>\n<p><b>symmetrical proportion<\/b><\/p>\n<p>when elements are mirrored on either side of an axis<\/p>\n<p><strong>symmetry<\/strong><\/p>\n<p>a sense of harmonious and aesthetically pleasing proportionality and balance<\/p>\n<p><strong>systematic sampling<\/strong><\/p>\n<p>every [latex]n[\/latex]<em><sup>th<\/sup><\/em> member of the population is selected to be in the sample<\/p>\n<p><strong>table<\/strong><\/p>\n<p>organize data in a clear and concise manner<\/p>\n<p><strong>tax credits<\/strong><\/p>\n<p>direct reductions in the amount of tax liability owed to the government<\/p>\n<p><strong>taxable income<\/strong><\/p>\n<p>the portion of an individual\u2019s income that is subject to taxation<\/p>\n<p><strong>the quipu<\/strong><\/p>\n<p>a collection of cords with knots in them used as a permanent recording of quantities or computations<\/p>\n<p><strong>third quartile<\/strong><\/p>\n<p>the median of the values that lie above the median for the whole data set<\/p>\n<p><strong>three-point perspective<\/strong><\/p>\n<p>used when you want to create a bird\u2019s-eye view or a worm\u2019s-eye view<\/p>\n<p><strong>traditional IRA<\/strong><\/p>\n<p>contributions are often tax-deductible, depending on your income, filing status, and whether you or your spouse have a retirement plan at work<\/p>\n<p><strong>translation symmetry<\/strong><\/p>\n<p>when an image or design being repeated in a straight line<\/p>\n<p><strong>transversal<\/strong><\/p>\n<p>a line that intersects two or more other parallel lines creating eight angles, including alternate interior angles, alternate exterior angles, corresponding angles, vertical angles, and supplementary angles<\/p>\n<p><strong>truth table<\/strong><\/p>\n<p>a table showing what the resulting truth value of a complex statement is for all the possible truth values for the simple statements<\/p>\n<p><strong>two-point perspective<\/strong><\/p>\n<p>where the object is viewed at an angle rather than from the front<\/p>\n<p><strong>undercoverage<\/strong><\/p>\n<p>occurs when some groups of the population are left out of the sampling process<\/p>\n<p><strong>union of two sets<\/strong><\/p>\n<p>contains all the elements contained in either set (or both sets)<\/p>\n<p><strong>unit rate<\/strong><\/p>\n<p>a rate with a denominator of one<\/p>\n<p><strong>universal set<\/strong><\/p>\n<p>a set that contains all elements of interest<\/p>\n<p><strong>universal quantifiers<\/strong><\/p>\n<p>states that an entire set of things share a characteristic<\/p>\n<p><strong>vanishing points<\/strong><\/p>\n<p>points located on the horizon line where parallel lines appear to converge in a perspective drawing<\/p>\n<p><strong>variable<\/strong><\/p>\n<p>a symbol that represents a value or quantity that can change or vary in a given situation or context<\/p>\n<p><strong>variables<\/strong><\/p>\n<p>the characteristics of the observational units in a study<\/p>\n<p><strong>variable expenses<\/strong><\/p>\n<p>expenses that can fluctuate from month to month or are discretionary in nature<\/p>\n<p><strong>vertical angles<\/strong><\/p>\n<p>a pair of opposite angles that are formed when two lines intersect<\/p>\n<p><b>viewpoint<\/b><\/p>\n<p>the position from which the artist observes or envisions their subject<\/p>\n<p><strong>volume<\/strong><\/p>\n<p>a cubic measure of the amount of space inside an object<\/p>\n<p><strong>voluntary response bias<\/strong><\/p>\n<p>the sampling bias that often occurs when the sample is volunteers<\/p>\n<p><strong>voluntary response sampling<\/strong><\/p>\n<p>allowing the sample to volunteer<\/p>\n<p><b>weight<\/b><\/p>\n<p>how heavy or light an object is<\/p>\n<p><strong>whole numbers<\/strong><\/p>\n<p>counting numbers and zero<\/p>\n<p><strong>[latex]5[\/latex]-number summary<\/strong><\/p>\n<p>Minimum, [latex]Q1[\/latex], Median, [latex]Q3[\/latex], Maximum<\/p>\n","protected":false},"author":23,"menu_order":2,"template":"","meta":{"_candela_citation":"[]","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"back-matter-type":[38],"contributor":[],"license":[],"_links":{"self":[{"href":"https:\/\/content.one.lumenlearning.com\/quantitativereasoning\/wp-json\/pressbooks\/v2\/back-matter\/5221"}],"collection":[{"href":"https:\/\/content.one.lumenlearning.com\/quantitativereasoning\/wp-json\/pressbooks\/v2\/back-matter"}],"about":[{"href":"https:\/\/content.one.lumenlearning.com\/quantitativereasoning\/wp-json\/wp\/v2\/types\/back-matter"}],"author":[{"embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/quantitativereasoning\/wp-json\/wp\/v2\/users\/23"}],"version-history":[{"count":5,"href":"https:\/\/content.one.lumenlearning.com\/quantitativereasoning\/wp-json\/pressbooks\/v2\/back-matter\/5221\/revisions"}],"predecessor-version":[{"id":6510,"href":"https:\/\/content.one.lumenlearning.com\/quantitativereasoning\/wp-json\/pressbooks\/v2\/back-matter\/5221\/revisions\/6510"}],"metadata":[{"href":"https:\/\/content.one.lumenlearning.com\/quantitativereasoning\/wp-json\/pressbooks\/v2\/back-matter\/5221\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/content.one.lumenlearning.com\/quantitativereasoning\/wp-json\/wp\/v2\/media?parent=5221"}],"wp:term":[{"taxonomy":"back-matter-type","embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/quantitativereasoning\/wp-json\/pressbooks\/v2\/back-matter-type?post=5221"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/quantitativereasoning\/wp-json\/wp\/v2\/contributor?post=5221"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/quantitativereasoning\/wp-json\/wp\/v2\/license?post=5221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}