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Benchmarking Is a Performance Improvement Technique Based on

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Benchmarking is a performance improvement technique based on


Definitions:

P-Value

The potential of observing test results that are at least as extreme as the actual ones, under the belief that the null hypothesis is accurate.

Test Statistic

A calculated value used in statistical hypothesis testing that helps decide whether to reject the null hypothesis.

P-Value

A statistical measure that helps determine the significance of results, indicating how likely it is that findings could have occurred under the null hypothesis.

Test Statistic

A statistic calculated from sample data and used in hypothesis testing to determine the plausibility of the null hypothesis.

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