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Fluctuations in Employment and Output Result from Changes in

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Fluctuations in employment and output result from changes in


Definitions:

Critical Value

A threshold value that defines the boundary of the critical or rejection region for a statistical test, beyond which the null hypothesis is rejected.

Alpha

The threshold value used in hypothesis testing that determines the critical region for rejecting the null hypothesis.

Cramér's V

A measure of association between two nominal or categorical variables, providing an index value between 0 and 1.

Null Hypothesis

A hypothesis that assumes no significant difference or effect exists between certain datasets or variables.

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