Examlex
a)What is test data processing? b)How is it done? c)What are the sources that an auditor can use to generate test data?
Confidence Interval
A statistical measure expressed as an interval, calculated from sample data, indicating where the true population parameter is expected to lie with a specific degree of certainty.
Odds Ratio
A measure of association between an exposure and an outcome, representing the odds that an outcome will occur given a particular exposure, compared to the odds of the outcome occurring without that exposure.
Logistic Regression
A statistical approach for examining a dataset where one or more variables independently influence a result.
Lactic Acid
An organic compound produced in muscles during intense activity and responsible for the soreness felt after exercise; also used in various food and chemical industries.
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