Financial Literacy Unit 1

costs for good and services that are wanted, but not needed

expenses for items that are needed or required for day-to-day life

data used to represent "typical values" in a data set; can help you understand the data and make better decisions

what you earn before deductions (such as taxes)

what remains of your income after deductions such as taxes; the part of your income that you can spend as you wish

facts and numbers that can be analyzed to learn more about a situation

using math to analyze data

the average or typical value of a specific set of data

the middle score (in a set of data)

the most frequent score or choice (in a set of data)