Examlex
One reason a dollar today is worth more than a dollar 1 year from today is the time value of money.
Chi-squared Method
A statistical test used to determine the level of significance of the observed association between categorical variables.
Contingency Table
A matrix-style table that represents the frequency distribution of variables.
One-tail Test
A statistical hypothesis test where the area of interest is in only one tail of the distribution.
Nominal Data
Nominal data refers to a type of data that is categorized without a natural order or rank, such as names, labels, or categories.
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