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What does extensibility mean in XBRL? Discuss.
Mean Driving Times
Refers to the average amount of time spent driving, calculated by summing all individual driving times and dividing by the total number of drives.
Population Distributions
Refers to the distribution of values, traits, or characteristics of an entire population.
Significance Level
The threshold chosen by a researcher which determines the probability of rejecting the null hypothesis when it is actually true, often denoted by alpha (α).
Population Mean
The average of all the values in a population.
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