Most economists consider 5% to be acceptable.
Cohort differences can be described as the major explanation offered to account for the differences in the pattern of iq stability or decline over adulthood shown in cross-sectional versus longitudinal studies.
<h3>What is meant by cohort difference?</h3>
Cohort is the term that tells us of the people that are around or about the same age.
This is used to refer to the way that the people of different ages react or do things at a particular point in time.
Read more on cohort differences here:
brainly.com/question/14368283
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When he supported the Northern Securities Company.