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During Recessions

question 15

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During recessions


Definitions:

Chi-Square Distribution

A statistical distribution used to describe the distribution of a sum of the squares of independent random variables.

ANOVA

Analysis of Variance, a statistical method used to compare the means of three or more groups to see if at least one is statistically significantly different from the others.

Null Hypothesis

A statement or assumption that there is no significant difference or effect, serving as the default or starting assumption in statistical hypothesis testing.

ANOVA

Short for Analysis of Variance, a statistical method used to compare the means of three or more samples to find if at least one sample mean is significantly different from the others.

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