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Perform the operation or operations when possible.
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Significance Level
The threshold at which a result is considered statistically significant, typically set at a p-value less than 0.05.
Sample Variance
A measure of variance calculated from a sample of data, representing the average of the squared differences from the mean.
Population Variance
A measure that quantifies the spread of a set of data points in a population, calculated as the average of the squared differences from the Mean.
Confidence Interval
A spectrum of numbers resulting from sample measurements, which is thought to cover the value of an unidentified population feature.
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