Examlex
The variance that LEAST affects cost control is the ________ variance.
Proportions
Ratios indicating the fractional part of a whole that have specific characteristics.
Critical Value
A point on the scale of the test statistic beyond which we reject the null hypothesis, significant in hypothesis testing.
Level of Significance
The probability of rejecting the null hypothesis in a statistical test when it is actually true; a measure of the risk of making a Type I error.
Proportions
A statistical measure that reflects the size of a part compared to the whole, typically expressed as a fraction or a percentage.
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