"The Conditions That Must Be Satisfied Before We Can Use

question 2

Multiple Choice

"The conditions that must be satisfied before we can use a statistical test with confidence.Those of the t-test are that the samples are independent and randomly sampled from a normally distributed population that has the same variance for all samples".What is this a glossary definition of?

• A)Caveats.
• B)Assumptions.
• C)Operational procedures.
• D)Standard operating procedures.
• E)Statistical protocols.

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Definitions:

Predicts Future

The act of forecasting or estimating future trends, behaviors, or events based on current or past data.

Labour Expenses

The total costs incurred by an organization in compensating its employees, including salaries, benefits, and other related expenses.

Labour Force

The total number of people employed or actively looking for employment in a specific area or economy.

Outsourcing

The practice of hiring third parties to perform services or create goods that were traditionally performed in-house by the company's own employees and staff.