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What Are Path Dependency Models

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What are path dependency models?


Definitions:

Sample Statistic

A numerical measurement describing some aspect of a sample taken from a population.

Gross Revenue

The total amount of revenue generated by a business before deductions for expenses are made.

Hypotheses Tests

A statistical method that is used to decide whether the data at hand sufficiently supports a particular premise or hypothesis.

Linearly Related

A relationship between two variables where a change in one variable is associated with a proportional change in the other.

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