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Income Levels
The categorized or continuous ranges of income received by individuals, households, or families, often used in socioeconomic and demographic analysis.
F Ratio
A statistic used in analysis of variance (ANOVA) to determine whether the means of several groups are equal.
Null Hypothesis
A statement suggesting that there is no significant effect or difference, or that a parameter equals a specific value, used as a basis for statistical testing.
Critical Value
A value on the test statistic scale that marks the threshold for rejecting the null hypothesis, distinguishing between significant and insignificant outcomes.
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