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Treasury bills are issued a minimum unit of $1,000 with additional increments of $1,000 above the minimum with terms to maturity of 91, 186, or 364 days
Probability
A numerical measure representing the likelihood or chance of a particular event occurring, ranging from 0 to 1.
Population
Refers to the total set of observations that can be made in any given survey or experimental study.
Sample
A group within a larger population chosen for the purpose of conducting measurements, observations, or inquiries to gather data about the entire population.
Experiment
A procedure undertaken to support, refute, or validate a hypothesis, typically involving the manipulation of variables to observe the effect on some behavior or condition.
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