Examlex
Under IFRS, the balance sheet is called the Statement of Financial Position.
P-Value
The probability of obtaining test results at least as extreme as the results actually observed, assuming that the null hypothesis is true.
Significance Level
The threshold against which the p-value is judged to determine statistical significance, often denoted by alpha (α) and commonly set at 0.05 or 5%.
Significance Level
A threshold or probability used in statistical hypothesis testing to determine whether to reject the null hypothesis, often denoted by alpha with a common value of 0.05.
Z-statistic
A statistic that measures the distance in standard deviations of a sample mean from the population mean under the null hypothesis.
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