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The IS curve
Chi-Square Distribution
The Chi-Square Distribution is a statistical distribution used for hypothesis testing and is derived from the sum of the squares of a set of normally distributed random variables.
Degrees of Freedom
The number of values in the final calculation of a statistic that are free to vary.
Qualitative Variables
Variables that express qualitative attributes and differentiate by category, not in numerical terms.
Chi-Square Test
A nonparametric test used to determine if there is a significant association between two categorical variables.
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