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Smart Products Are an Example of the Internet of Things

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Smart products are an example of the Internet of Things.


Definitions:

P-Value

The likelihood of encountering test outcomes that are as significant or more significant than the actual observed outcomes, assuming the null hypothesis is true.

Contingency-Table

A table often used in statistics to display the frequency distribution of variables, helping in analyzing the relationship between categorical variables.

Degrees of Freedom

The number of independent values or quantities which can vary in the analysis without violating any constraints.

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution, often representing the number of values that are free to vary.

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