Examlex
Which of the following is a tangible feature of a product?
Probability
A measure of the chance or likelihood that a certain event will occur, often quantified as a fraction or percentage.
Variance
A statistical measure of the dispersion representing how much the values in a data set differ from the mean of the data set.
Highly Significant
A statistical term used to describe an outcome when the observed p-value is much lower than the specified level of significance (α), strongly indicating a true effect.
Statistical Significance
A measure of the likelihood that a difference or relationship observed in a study could have occurred by random chance, often denoted by a p-value.
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