Examlex
A profit center is typically established whenever an organizational unit has control over both its resources and its products or services.
T-statistic
A type of statistic used in hypothesis testing to determine if there is a significant difference between two sets of data.
Alpha
Often referred to as the level of significance in hypothesis testing, representing the threshold for rejecting the null hypothesis.
Non-directional
A type of hypothesis that does not specify the direction of the expected difference or relationship.
Alternative Hypothesis
A hypothesis that contradicts the null hypothesis, suggesting that there is a significant effect or difference.
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