Examlex
The level of significance in hypothesis testing is the probability of
Sample Mean
The average computed from a sample set of data, representing the central tendency or typical value of the sampled population.
Median
The middle value in a data set, which divides the set into two equal halves.
Extreme Values
Data points that are significantly higher or lower than the majority of a data set, often considered as outliers or anomalies.
Variance
A statistic that represents the extent to which a set of numbers is spread out, calculating the average of the squared differences from the Mean.
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