Examlex
A lay witness differs from an expert witness in that:
T Value
A statistic calculated in a T-test that determines the significance of the difference between two groups' means.
Test Statistic
A value calculated from sample data during hypothesis testing. It is used to decide whether to reject the null hypothesis.
Significance Level
The probability of rejecting the null hypothesis when it is true; a threshold for determining whether a result is statistically significant.
Dividend Payout
The portion of earnings distributed to shareholders in the form of dividends, typically expressed as a percentage of the company's earnings.
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