What Is EFT? Discuss Two Common Forms of EFT

question 26

Essay

What is EFT? Discuss two common forms of EFT. What are the advantages of EFT?

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Definitions:

Significance Level

The probability of rejecting the null hypothesis in a statistical test when it is actually true, typically denoted by alpha.

Degrees of Freedom

The number of independent values or quantities that can vary in the calculation of a statistic, crucial for the assessment of the statistic's validity.

Goodness-of-fit Test

A statistical test used to determine how well observed sample data fits the expected distribution.

Poisson Distribution

A discrete probability distribution expressing the probability of a given number of events occurring in a fixed interval of time or space.