Examlex
Long-run exchange rate movements are governed by all of the following except:
Skewed to the Right
Describes a distribution where the tail is longer on the right side, indicating that there are a number of outliers higher than the mode.
Test Statistic
A statistic derived from sample data in a hypothesis test that is utilized to determine if the null hypothesis should be discarded.
Rejection Region
The range of values for which the null hypothesis is not considered probable and is rejected in hypothesis testing.
P-value
The probability of obtaining test results at least as extreme as the results observed during the test, assuming that the null hypothesis is correct.
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