Examlex
All of the following are costs of unemployment EXCEPT:
Confidence Interval
A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter, given a specified level of confidence.
Critical Value
A point on the scale of the test statistic beyond which we reject the null hypothesis.
Standard Deviation
An indicator that evaluates how much the data in a set diverges or spreads out in comparison to the average value, showing the extent of distribution of the observations.
Student's T Distribution
A probability distribution used in statistical analysis for small sample sizes, where the population variance is unknown.
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