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The runs test is a nonparametric procedure for testing:
Error
A mistake or discrepancy from accuracy or correctness in reasoning, action, or calculation.
Judgment
The skill to arrive at well-thought-out decisions or logical conclusions.
Conflict
A situation or issue characterized by disagreement, opposition, or clash between two or more parties.
Risk Averse
Characteristic of individuals or entities that prefer to avoid risks and opt for safer options when making decisions.
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