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Where would you find the suppliers' supplier in a typical supply chain?
Multiple Comparison
A statistical principle applied when multiple hypothesis tests are conducted simultaneously, requiring adjustment methods to control for the increased risk of Type I error.
Significant Difference
A statistical term indicating that the observed difference between two or more datasets is unlikely to be due to chance at a certain confidence level.
Tukey's Multiple Comparison
A statistical test used to find the differences between means in a set of data, part of post-hoc analysis following ANOVA.
Fisher's LSD
A statistical method used for post-hoc analysis in ANOVA for making pairwise comparisons between group means while controlling Type I error.
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