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If a Statistical Program's Probability Output Doesn't Say Differently,it Is

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If a statistical program's probability output doesn't say differently,it is almost always a 2-tailed probability.


Definitions:

Market Price

The current price at which an asset or service can be bought or sold in a specific market.

Market Output

The total amount of goods and services produced and offered for sale by all firms in a particular market.

External Cost

Costs that are not borne by the parties involved in an economic transaction but by other members of society.

Efficient Price

A price that reflects all available information and makes the best use of resources, minimizing waste and maximizing value.

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