Examlex
If a test is standardized,this means that
Interest Rates
The cost of borrowing money or the return on investment, usually expressed as a percentage of the principal over a period of one year.
Prior Probability
The probability of an event or outcome before new data is collected, often used in Bayesian statistics.
Likelihood Probability
The probability of a particular outcome or set of outcomes given a specific model or hypothesis.
State Contracts
Agreements or legal obligations between state governments and businesses or individuals for services, procurement of goods, or construction projects.
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