Examlex
When a seller expects the price of its product to decrease in the future, the seller's supply curve shifts left now.
Effect Size
An evaluative figure representing the scale of a condition or the potency of connections between variables.
Sample Size
The number of individual observations or samples included in a study.
Confidence Interval
A cadre of values, from the statistical evaluation of samples, that is designed to encircle the value of an undetermined parameter within a population.
Level of Confidence
The degree of certainty, often expressed as a percentage, that a parameter lies within a specified range of values.
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