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Floating exchange rates lead to more stable conditions for international trade.
Known Variance
In statistics, refers to a situation where the variance of a population is a known quantity, facilitating certain types of inference.
P(T<=t) Two-Tail
The probability that the test statistic T will fall in either tail of its distribution, assuming the null hypothesis is true, used in two-tailed tests.
Significance Level
A statistical measure that determines the threshold at which the null hypothesis is rejected, commonly represented by the alpha (α) symbol and set before the experiment.
Treatment Group
In experimental research, the group of participants that receives the treatment or intervention being tested, as opposed to the control group.
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