Examlex
Consequential damages can include punitive damages due to fraud in the making of a contract.
Degrees Of Freedom
The number of independent pieces of information upon which a statistical estimate is based, minus the number of parameters estimated.
T-Distribution
A probability distribution that is used in hypothesis testing for small sample sizes, where the population standard deviation is unknown.
Random Variable
A variable whose values depend on outcomes of a random phenomenon, with each outcome having a certain probability.
Confidence Interval
A breadth of values, derived from sample observations, with a high chance of containing an unknown population parameter's value.
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