Examlex
For which of the following examples could a mass marketing strategy work?
Effect Size
A numeric evaluation of the size of the effect observed in an experiment.
T-statistic
A type of statistic used in hypothesis testing, derived from the standardized difference between a sample statistic and its hypothesized population value, divided by the standard error.
Perfect Relationship
Refers to a situation where two variables move together in either 100% positive or 100% negative linear correlation, indicating a direct relationship without any variation.
Variance
Variance is a statistical measurement that describes the spread of numbers in a data set, indicating how far each number in the set is from the mean.
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