Examlex
The sum of capital inflows and the trade balance must be zero.
Nonparametric Statistical Tests
Statistical tests that do not assume a specific distribution for the data, useful for ordinal or non-normally distributed interval data.
Population Parameters
Numerical characteristics that describe various aspects of a population, such as its mean or variance.
Expected Frequencies
The anticipated count of occurrences in each category of a statistical distribution under a null hypothesis.
Chi-square Statistic
A measure used in statistics to assess how expectations compare to actual observed data, especially in the context of categorical variables.
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