Examlex
Scrap can be classified according to which of the following?
Significance Level
The threshold at which the results of statistical analysis are considered statistically significant, commonly set at α = 0.05 or 5%.
Degrees Of Freedom
Represents the count of values in a calculation that are free to vary without infringing on preset constraints.
Test Statistic
A value calculated from sample data that is used in a hypothesis test to decide whether to reject the null hypothesis.
T Test
A statistical hypothesis test used to compare the means of two groups and determine if they come from the same population by analyzing the difference.
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