Examlex
At the time when a trade deficit is occurring, U.S. consumers benefit from having more goods and services available.
Entire Population
Refers to all members of a specified group or category from which researchers aim to draw conclusions.
Probability of the Statistic
The likelihood of observing a test statistic as extreme as, or more extreme than, the value observed under the assumption that the null hypothesis is true.
5%
A common significance level in statistical analysis, indicating that there is a 5% chance the observed results could have occurred by random chance, used to determine statistical significance.
Sample Size
Sample size refers to the number of observations or subjects used in a statistical study.
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