Examlex
Which interest rate is most relevant in determining aggregate expenditures?
Significance Level
The probability of rejecting the null hypothesis when it is actually true, used in hypothesis testing as a threshold for determining statistical significance.
Significance Testing
A statistical method used to determine if the relationship between variables is due to chance or is statistically significant.
T-Test
A statistical analysis designed to evaluate whether the average values of two groups differ significantly.
Degrees of Freedom
The number of values in a calculation that are free to vary without violating any constraints.
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