Examlex
A natural resource is an asset that comes from the earth and is consumed.
Level of Significance
The probability of rejecting the null hypothesis when it is actually true, used as a threshold in hypothesis testing.
Test Statistic
A calculated value from a data sample used to test a hypothesis against some criteria.
P-Value
The probability of observing a statistical summary at least as extreme as the one observed if the null hypothesis is true.
Sample Mean
The average of a set of numerical values taken from a larger population, used as an estimate of the population mean.
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