Examlex
When determining whether to include or exclude a variable in regression analysis,if the p-value associated with the variable's t-value is above some accepted significance value,such as 0.05,then the variable:
Sub Sandwich Customers
Individuals who purchase submarine sandwiches, often characterized or segmented by consumer behavior or preferences.
Significance Level
The threshold in hypothesis testing, designated as alpha, below which the null hypothesis is rejected, often set at 0.05 or 5%.
Demographic Characteristics
The attributes of a population, such as age, race, income, or education, used in statistics to identify and analyze specific groups.
Normally Distributed
A mirrored probability distribution about the mean, which shows that data points are more frequently found near the mean than at farther distances.
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