Examlex
Span of control refers to the number of people that a manager supervises.
P-Value
The probability of getting the observed value of the test statistic, or one more extreme, assuming the null hypothesis is true.
Level Of Significance
The probability of rejecting the null hypothesis when it is true, typically set as a threshold like 0.05 or 0.01 before conducting a hypothesis test.
Sample Size
Refers to the number of observations or elements selected from a population to conduct a study.
Population Proportion
A fraction or percentage that represents a part of the total population sharing a particular characteristic or attribute.
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