Examlex
A SOCK analysis is a methodology used by organizations to understand their strategic position. It involves analysis of an organization's Strengths, Operations, Costs and Knowledge.
Test Statistic
A value calculated from sample data during a hypothesis test, used to make a decision about the null hypothesis.
P-Value
A statistical measure that helps to determine the strength of the results to support or reject the null hypothesis.
Null Hypothesis
A hypothesis that assumes there is no statistical significance in a set of given observations and that any observed difference is due to sampling or experimental error.
P-Value
The probability of obtaining test results at least as extreme as the results actually observed, under the assumption that the null hypothesis is true.
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