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Term for Identification:   Obamacare​

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Term for identification:   Obamacare​


Definitions:

Standard Deviations

Measures of the amount of variation or dispersion of a set of values, indicating how spread out the values are from the mean.

Population Variances

A measure of the dispersion of a population data set, representing the average of the squared differences from the Population Mean.

Test Statistic

A value calculated from sample data during a hypothesis test, used to determine the likelihood of a hypothesis being true.

Level of Significance

The threshold in hypothesis testing that determines whether a p-value indicates a statistically significant result, typically set at 0.05 or 5%.

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