Examlex
Joint photographic experts group (JPEG)image compression features either lossy or lossless compression methods.
Significance Level
The probability of rejecting the null hypothesis in a statistical test when it is actually true, used as a measure of the threshold of statistical significance.
Commission Incomes
Earnings made based on a percentage of sales or transactions completed, common in sales roles.
Confidence Interval
An estimated span, defined by a certain probability, that is anticipated to include the accurate measure of a yet-to-be-determined demographic variable.
Variance
A measure of the dispersion or spread of a set of data points or random variables, showing how much the values differ from the mean of the set.
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