Examlex
In an assignment for the benefit of creditors, if each creditor is paid a pro rata share of his original obligation, the debtor is then discharged from any further obligation to the creditor.
P-value
A metric used in statistics to assist researchers in assessing the importance of their findings, signifying the chance of achieving the observed outcomes assuming the null hypothesis is accurate.
Test Statistic
A calculated value that is used to assess the evidence against the null hypothesis in a statistical test.
Alternative Hypotheses
Statements positing a specific relationship or difference between variables, considered when the null hypothesis is suspected to be false.
Test Statistic
A value derived from sample data used in hypothesis testing to determine whether to reject the null hypothesis.
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