Examlex
Costs incurred in the past that are not incremental to present decisions are
Two-tail Test
A statistical hypothesis test in which the critical area of a distribution is two-sided and tests whether a sample is greater or less than a range of values.
Sample Variances
Statistical measurements that quantify the dispersion or spread of data points within a sample from their mean.
F Test
A statistical test used to compare the variances of two populations and determine if they are significantly different from each other.
Significance Level
A threshold within hypothesis testing that defines the probability of rejecting the null hypothesis when it is actually true, denoted by alpha.
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