<h3><u>Difference between currency exchange market and other markets:</u></h3>
- The foreign currency exchange market is very different and unique than any other markets.
- The currency exchange market has to be operated continuously in a constant order.
- In the currency exchange market there is a continuous trading of currencies in a global market.
- The Forex market is the world’s biggest and busiest currency market.
- Here, the exchange process of purchasing one currency and selling another currency is continuous.
- It works on the basis of the international exchange rate.
Answer:
<u>Explanation:
</u>
The field of statistics is divided into two major divisions: The inferential and The descriptive. Each of these segments important and give a different technique that accomplished different objectives.
<u>Descriptive statistics</u>: it defines what's going in the population or data sets.
<u>Inferential statistics:</u> It allows scientists to take findings from the sample group and generalize it on a large population.
Descriptive statistics help learn things such as spread and center the data. Nothing is there in descriptive that generalized on the population.
Inferential statistics also used the same calculation but the focus is different in inferential statistics.
Answer:
Elaborative processing
Explanation:
This is an example of elaborative processing. Elaborative processing refers to a method in which we can help our brain memorize things more easily. To perform this, we need to make associations between information that we already know and new information that we are trying to learn. There are several ways to do this, including employing mnemonic devices, asking questions or creating images in our head.
