Examlex
What is a country's balance of (merchandise) trade, and why is it so widely reported in the financial and popular press?
Hypothesis Test Method
A procedure in statistics to determine whether there is enough evidence in a sample of data to conclude that a certain condition holds for the entire population.
Confidence Interval Method
A statistical technique that constructs an interval estimate of a population parameter based on sample data.
Populations
The entire collection of individuals, items, or data under study in a statistical analysis.
Sample Standard Deviations
A measure of the dispersion or variability of data points in a sample from their mean.
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