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Student T Distribution
A probability distribution that is used in hypothesis testing for small sample sizes or when the population standard deviation is unknown.
Expected Value
A statistical concept representing the average outcome one would expect to see from a probability distribution over many trials.
Exponential Distribution
A model used in statistics for describing the times between events in a process where events occur continuously and independently at a constant rate.
Proportion
A fraction or percentage that indicates the part of a whole represented by a certain count or quantity.
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