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____ means that customer orders start the work process,which ripples down through the supply chain.
Z-Statistic
A statistical measure that represents the number of standard deviations a data point is from the mean of a data set, used for hypothesis testing in standardized situations.
P-Value
The probability of obtaining test results at least as extreme as the results actually observed, assuming that the null hypothesis is true.
Significance Level
The threshold against which the p-value is judged to determine statistical significance, often denoted by alpha (α) and commonly set at 0.05 or 5%.
Significance Level
A threshold or probability used in statistical hypothesis testing to determine whether to reject the null hypothesis, often denoted by alpha with a common value of 0.05.
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