Examlex
Bank notes created by a goldsmith in a fractional reserve system were
Simple Random Sample
A sample drawn in such a way that every member of the population has an equal chance of being selected.
Degrees Of Freedom
The number of independent values or quantities which can be assigned to a statistical distribution, often related to the number of values in the final calculation of a statistic that are free to vary.
One-sample T Test
A statistical test used to compare the mean of a sample to a known value or theoretical expectation when the population variance is unknown.
Null Hypothesis
A hypothesis stating no significant relationship or correlation between variables, serving as the base assumption to be tested against in research.
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