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Why is there unemployment even when the economy is at "full employment"?
Sampling Distributions
The probability distribution of a statistic obtained from a large number of samples drawn from a specific population.
Statistical Significance
A measure of how likely it is that obtained results are not due to chance, often determined by a p-value.
Systematic Variance
The portion of total variance in a set of data that is attributable to identifiable factors or variables, as opposed to random variance.
Group Means
The average values obtained from different samples or sets of data, representing the central tendency of each group.
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