Examlex
What is the effective annual cost of credit terms of 3/15 net 30, if the firm stretches the accounts payable to 60 days?
Null Hypothesis
A rephrased definition: The presumption that no significant relationship exists in the population and that any observed effect is due to sampling variability.
Indirectly
In a way that is not directly expressed or done; an indirect method or approach.
Null Hypotheses
A statement used in statistics that proposes there is no significant difference or relationship between specified populations, or no effect of a particular treatment.
Sample
A subset of a population selected for observation and analysis in order to make inferences about the entire population.
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