Examlex
Since English is the common language of international business, it is not necessary for Americans and other English speakers to be familiar with cultural, legal, political, and social differences between countries.
Null Hypothesis
A statement in statistics that there is no significant difference or effect, used as a default assumption until evidence suggests otherwise.
Alternative Hypothesis
An assertion stating a significant difference or relationship exists in the context of statistical testing, contrary to the null hypothesis's claim of no effect.
Sample Data
A subset of data collected from a larger population, used to estimate or infer characteristics of the whole population.
Test Statistic
A value calculated from sample data, used to decide whether to reject the null hypothesis in a statistical test.
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