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Borrowing money is an example of a(n)
Significance
Refers to the measure of how likely it is that an observed difference between groups is due to chance.
Critical Value
A threshold in hypothesis testing that defines the boundary beyond which the null hypothesis is rejected, based on the chosen significance level.
Regression Model
A statistical approach for estimating the relationships among variables.
Independent Variables
Variables in an experiment or model that are manipulated to observe their effect on dependent variables.
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