Examlex
The status quo effect suggests that giving people more options is always good for them.
P-value
A measure in statistical hypothesis testing that helps in determining the significance of results, indicating the probability of observing the data if the null hypothesis is true.
Simple Random Sample
A sample drawn in such a way that every member of the population has an equal chance of being selected.
Degrees Of Freedom
The number of independent values or quantities which can be assigned to a statistical distribution, often related to the number of values in the final calculation of a statistic that are free to vary.
One-sample T Test
A statistical test used to compare the mean of a sample to a known value or theoretical expectation when the population variance is unknown.
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