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Standard Deviation
Measures the amount of variation or dispersion from the average in a set of data points.
Test Statistic
A value calculated from sample data and used in a hypothesis test to decide whether to reject the null hypothesis.
Random Sample
A random sample from an infinite population is a sample selected such that the following conditions are satisfied: (1) Each element selected comes from the same population; (2) each element is selected independently.
Level Of Significance
The probability of rejecting the null hypothesis in a statistical test when it is actually true, used as a threshold for statistical significance.
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