Statistics

Percentilen Rank: Indicates the percentage od scores less than or equal to a particular score; is the proportion of scores in a distribution that a specific score is greater than or equal to.

Normal Curve: A graph resembling a bell-shaped curve.

Histogram: A graph that displays the frequency of data.

Normal Distribution: The frequency distribution of the normal curve.

Correlation Coefficient: The relationship (or lack of relationship) between two sets of data.

Negative Correlation: As one variable increases the other decreases, or as one variable decreases the other increases.

Positive Correlation: As one variable increase so does the other, or as one varible decreases the other increases.

R-Value: Correlation coefficient.

Zero Correlation: The Variables have nothing to do with each other, so there is no relation between the two sets of data.

Number: X
-
Mean:X

Sum: E

Standard Deviation: S

Total Population: n

Design And Measurement

Vanishing Point: The point at which parallel lines appear to converge.

Perspective: Point of view.

Perspective Drawing: A realistic view of an object that shows diminishing dimensions to distance.

Exploded View: A view showing how the components of an object fit together.

Oblique View: A slanted or inclined view of an object.

Constituent Parts: The parts of an object that fit together to complete the whole object

Goverment Finaces

Expenditures: Money the goverment pays out for programs and services it provides.

Revenue: Money the government collects from taxes and other sources.

Deficit: The amount by which expenditures exceed revenue in a budget.

Surplus: The amount by which revenue is greater than expenditures in a budget.

Debt: An amount that is owed.

Personal Finace

Premium: How much you pay for an insurance policy(monthy, semi-annually, annually)

Policy: A written contract or certificate of insurance.

Beneficiary: The person who will recieve the insurance money.

Insurer: The company providing the insurance.

Amortization Period: The length of time in years that you will need to pay off a mortgage.

Equity: The portion of the value of your property that you own.

Interest: The cost of borrowing money.

Principal: The amount you initially borrow.

Unpaid Balance: The portion of the value of your property owned to the finacial instition.

Closed Mortgage: A mortgage which does not allow payments on the principal.

Fixed-Rate Mortgage: A mortgage with the interest rate locked in for the specified period of time.

Open Mortgage: A mortgage that allows additional payments on the principal.

Variable-Rate Mortgage: A mortgage where the interest rate may change from month to month.

Gross Dept Service Ratio(GDSR): A formula used by most financial institutions to determine whether or not you can afford the property you
have selected.

Metro: With the reference to homeowners's insurance, this means a location within city limits.

Protected: With the reference to homeowners's insurance, this means a location within 300 meters of a fire hydrant.

Semi Protected: With reference to homeowners's insurance, this means a location with in 8km of a firehall.

Unprotected: With reference to homeownsers's insurance, this means a location more than 8km from the firehall.