Examlex
Which of the following processes focuses on the entire customer order process and operates across functional departments?
Population Correlation
A measure of the strength and direction of association that exists between two variables measured across an entire population.
Alternative
In hypothesis testing, this refers to the hypothesis that contradicts the null hypothesis, suggesting some effect or difference exists.
Null Hypothesis
In statistical testing, it is the assertion that there is no effect or no difference, used as a default hypothesis to challenge with experimental evidence.
Confidence Interval
An estimated range of values derived from sample data that is likely to contain the value of an unknown population parameter, expressed at a specified level of confidence.
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