Examlex
General managers use informal small talk to bolster their political networks.
Critical Value
A threshold in hypothesis testing that defines the boundary beyond which an observed test statistic is considered statistically significant.
Level of Significance
A threshold used in hypothesis testing that determines the probability of wrongly rejecting a true null hypothesis.
T-test
A statistical method employed to ascertain whether there's a notable difference in the average values of two distinct groups.
Null Hypothesis
A statement positing that there is no significant difference or relationship between specified populations, any observed difference being due to sampling or experimental error.
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