Examlex
The options for allocating a diversified company's financial resources include
P Value
The probability of obtaining test results at least as extreme as the observed results, assuming that the null hypothesis is true.
Statistical Power
Probability of rejecting the null hypothesis when the alternative hypothesis is true.
Nonparametric Tests
Statistical tests that do not assume a specific distribution of the data, often used when data doesn't meet assumptions necessary for parametric testing.
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