Examlex
An investor should always consider the source when receiving stock tips from other people.
Population Median
The middle value of a dataset when it is ordered from the smallest to the largest, representing the central tendency of the population.
Normal Approximation
Normal approximation is a statistical technique that applies the properties of the normal distribution to approximate the distribution of sample data or statistics.
Standardized Test Statistic
A value computed from sample data and the null hypothesis that measures how many standard deviations the sample data falls from the hypothesized value.
Alternative Hypothesis
In statistical hypothesis testing, the hypothesis that suggests there is an effect or a difference, as opposed to the null hypothesis which suggests there is no effect or difference.
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