Examlex
If real GDP for a particular year is $5 trillion and the GDP price index for that year is 136,the nominal GDP for that year is
Power of the Test
The probability that a statistical test will correctly reject a false null hypothesis, indicating the test's ability to detect an effect when there is one.
Confidence Interval Estimate
A range of values derived from sample statistics that is likely to contain the value of an unknown population parameter, with a certain level of confidence.
99%
Often refers to a confidence level in statistics, indicating that there is a 99% chance the results fall within a specified range.
Two Proportions
A statistical comparison between two population proportions to determine if there is a significant difference.
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