Examlex
What is a 'business contingency plan'?
Normal Approximation
A method used to approximate the distribution of various statistics to a normal distribution under certain conditions, particularly useful for large sample sizes.
Nonparametric Test
Statistical tests that do not assume a specific distribution for the data, often used when data doesn’t fit normal distributions.
Nonparametric Method
A type of statistical analysis that does not assume a specific distribution for the data, often used when data doesn't fit normal distribution assumptions.
Matched Pairs
A statistical technique involving the pairing of observations or data sets based on certain criteria, often used in experiments to compare two groups while controlling for variables.
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