Examlex
Which of the following methods can be used for market testing consumer packaged goods?
Significant
Denoting a result in statistical analysis that is likely not due to chance, thereby indicating a meaningful difference or correlation.
Z-statistic
A statistic used in hypothesis testing, calculated as the difference between a sample statistic and its hypothesized population parameter, divided by the standard error.
Critical Value
A limit in hypothesis testing that establishes the criteria for dismissing the null hypothesis.
Calculated Value
A numerical value obtained through mathematical computations, often used in statistical tests to determine significance.
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