Examlex
A decrease in government expenditures serves as an example of an adverse supply shock.
Test Statistic
A standardized value calculated from sample data during a hypothesis test that is used to make a decision about the null hypothesis.
P-value
The probability of obtaining test results at least as extreme as the ones observed during the test, assuming the null hypothesis is true.
Test Statistic
This is a value, derived from sample data, used in hypothesis testing to determine whether to reject the null hypothesis.
Null Hypothesis
The theory suggesting that any noted discrepancies between certain groups are merely the result of sampling or experimental inaccuracies, asserting no substantial variance exists.
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