Examlex
Standard Deviation
A measure of the amount of variation or dispersion in a set of values, indicating how spread out the values are from the mean.
Variance
A measure of the spread between numbers in a dataset, expressing how much the numbers differ from the average value.
Significance Level
The probability of rejecting the null hypothesis in a statistical test when it is true, used as a threshold to gauge the strength of the evidence against the null hypothesis.
Standard Deviation
Measures the amount of variance or dispersion of a set of values; a low standard deviation indicates that the values are close to the mean.
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