Examlex
Concentration occurs when the numbers of a protected class in a particular occupation or level are high relative to their numbers in the labour market.
Expected Value
The mean value of a random variable, computed by multiplying each possible value by its probability and summing up these products.
Test Statistic
A value calculated from sample data during a hypothesis test used to determine the likelihood of the null hypothesis being true.
Critical Value(s)
The thresholds in statistical hypothesis testing that define the boundary or boundaries for rejecting the null hypothesis.
P-value
The odds of seeing results from a test that are at least as extreme as the observed results, with the assumption that the null hypothesis is accurate.
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