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At one time, it was believed that the way for a nation to prosper was to export as much as possible while importing as little as possible. More money would flow into a country than out of a country. Is this really a sound economic strategy? What is the relationship between exports and imports?
Poisson Distribution
A discrete probability distribution expressing the probability of a given number of events occurring in a fixed interval of time or space.
Null Hypothesis
A statement of no effect or no difference, used as a default hypothesis that there is no relationship between two measured phenomena.
Chi-square Test
A statistical test used to examine the association between two categorical variables by comparing observed values to expected values.
Personal Goals
Individual objectives or aims that a person aspires to achieve, which can vary widely in terms of nature and scope.
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