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Corporate policies designed to attract,train,and evaluate competent employees are considered part of the control environment in the COSO framework for internal controls.
Sample Mean
The average value of all observations in a sample.
Alternative Hypothesis
A statement that suggests there is a statistically significant relationship between two variables, contrasting the null hypothesis.
Standard Error
The standard deviation of the sampling distribution of a statistic, commonly the mean.
Sample Size
The number of observations or data points collected in a study, used to make inferences about a population.
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