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What is an independent regulatory commission? How did the first independent regulatory commission come into existence?
Level of Significance
Another term for significance level, indicating the threshold below which the null hypothesis is rejected in statistical tests.
Degrees of Freedom
refers to the number of independent values in a statistical calculation that can vary without violating any given constraints.
Test Statistics
Test statistics are calculated from sample data and used in hypothesis testing to determine whether to reject the null hypothesis.
Chi-Squared Value
The result of a calculation that measures how expectations compare to actual observed data, crucial in chi-squared tests for independence or goodness-of-fit.
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