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Define "Qualifying a Customer

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Define "qualifying a customer."


Definitions:

F Distribution

A probability distribution that is used in ANOVA tests, describing the ratio of variances between and within samples.

Test Statistic

A value computed from sample data during a hypothesis test used to decide whether to reject the null hypothesis.

F-Distribution

A probability distribution used in analysis of variance, concerned with variability between and within data samples.

Positively Skewed

A distribution shape where most values are concentrated on the left side, with the tail extending to the right, indicating that the mean and median are greater than the mode.

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