Examlex
The Federal Reserve System was created by act of Congress in 1931 in an effort to end a wave of bank failures brought on by the Great Depression.
Beverage Company
A business entity that manufactures, markets, and sells drinks, including both alcoholic and non-alcoholic products.
P-Value
The probability of obtaining test results at least as extreme as the ones observed, assuming that the null hypothesis is correct.
Left Tailed
Pertaining to a one-sided test in statistics where the critical area is on the left side of the distribution curve.
Test-Statistic
A value calculated from sample data during a hypothesis test, used to decide whether to reject the null hypothesis.
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