Examlex
The manager of a profit center is responsible for generating revenues and managing the center's invested capital.
Two-tailed Test
A statistical test that considers both directions of an effect, testing the possibility of relationships in both positive and negative directions.
Significant
Denoting a result in statistical analysis that is likely not due to chance, thereby indicating a meaningful difference or correlation.
Z-statistic
A statistic used in hypothesis testing, calculated as the difference between a sample statistic and its hypothesized population parameter, divided by the standard error.
Critical Value
A limit in hypothesis testing that establishes the criteria for dismissing the null hypothesis.
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