The cardinal signs are associated with starting things, initiating things or being enterprising. They are forceful and aggressive and have the will to accomplish something, often something new. They project into the world.
Definition of 'Phillips Curve'. Definition: The inverse relationship between unemployment rate and inflation when graphically charted is called the Phillips curve. William Phillips pioneered the concept first in his paper The Relation between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861-1957,' in 1958.
The term bell curve is used to describe the mathematical concept called normal distribution, sometimes referred to as Gaussian distribution. âBell curveâ refers to the shape that is created when a line is plotted using the data points for an item that meets the criteria of ânormal distributionâ. The center contains the greatest number of a value and therefore would be the highest point on the arc of the line. 1  This point is referred to the mean, but in simple terms, it is the highest number of occurrences of an element (in statistical terms, the mode).