Examlex
When a continuous variable is normally distributed, a nonparametric test has ______ statistical power than its parametric counterpart.
Short-Range Decisions
Choices or judgments made with immediate or near-term outcomes in mind, often without regard to long-term implications.
Long-Range Decisions
Choices or judgments that are made considering the future impact and outcomes over an extended period.
Practical Constraints
Limitations or restrictions arising from real-world circumstances, which can affect how tasks are performed or decisions are made.
Planning Fallacy
The cognitive bias that leads people to underestimate the amount of time needed to complete a task, despite knowing that similar tasks have taken longer in the past.
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