Examlex
Define and describe the balance sheet approach used by many MNCs to calculate the compensation they wish to offer to their expatriates.
Equal Chance
This term means having the same probability or likelihood of occurring as another event, situation, or outcome.
Statistically Significant
A term indicating that the likelihood of an observed difference or relationship happening by chance is low, typically below a pre-set threshold of probability.
P-value
A statistical measure indicating the probability that the observed data would occur by chance if the null hypothesis were true.
Inferential Statistics
Statistical methods that allow conclusions to be drawn about populations based on sample data.
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