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Z-statistic
A statistic used in hypothesis testing, calculated as the difference between a sample statistic and its hypothesized population parameter, divided by the standard error.
Critical Value
A limit in hypothesis testing that establishes the criteria for dismissing the null hypothesis.
Calculated Value
A numerical value obtained through mathematical computations, often used in statistical tests to determine significance.
Comparable-worth Policy
A concept aiming to equalize pay for different jobs considered of equal value or worth within an organization, addressing gender and other pay inequities.
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