Examlex
To what does outsourcing of payroll refer?
Hypothesized Mean Difference
The proposed difference between the means of two populations or groups in a statistical hypothesis test.
Conducting T Test
A statistical procedure used for assessing whether the mean values of two separate groups differ significantly.
Difference
The result of subtracting one number or quantity from another, emphasizing the disparity or gap between them.
Level of Significance
Refers to the probability threshold beyond which a null hypothesis is rejected in statistical testing, typically set at 0.05 or 5%.
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