as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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describe the distinction between speed and velocity.
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speed is a scalar quantity that refers to how fast an object is moving in a straight line. velocity, on the other hand, is a vector quantity that takes into account the direction of an object's motion. velocity is the speed of an object in a certain direction and is usually represented by an arrow.
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