Examlex
Compare scales,indexes,and typologies.Give examples of each.
Statistical Analysis
Statistical analysis encompasses the methods and techniques used to process and interpret data to discover patterns, relationships, and trends, often leading to informed decision-making.
T-test
A statistical test used to compare the means of two groups and determine if there are statistically significant differences between them.
Null Hypothesis
A statement used in hypothesis testing that posits there is no statistical significance in a set of given observations, aiming to be either rejected or not rejected.
Alpha
In hypothesis testing, the alpha value denotes the threshold of significance, where typical levels are 0.05 (5%) or 0.01 (1%), used to determine if the null hypothesis can be rejected.
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