Examlex
The impact of a 100 meter asteroid could kill many people if it struck a major city. Suppose the probability of such an impact in any single year is 1 in 1,000, and suppose we know (somehow) that it has been 1200 years since the last impact. What would that tell us?
Correlation
A numerical indicator that reveals the degree to which two factors vary in tandem, showcasing the intensity and orientation of their association.
Correlation Coefficient
A measure that indicates the extent to which two variables change together, but not necessarily at the same rate.
Test Statistic
A quantity derived from sample data that is used in a hypothesis test to determine whether to reject the null hypothesis.
T Test
A statistical test used to compare the means of two groups and determine if the differences between them are statistically significant.
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