Examlex
A budget deficit occurs when government receipts exceed government spending.
Population Parameter
A measure that signifies a trait of a whole population, like its average or standard deviation.
Sample Size
The total count of individual samples or observations used in a statistical study, directly impacting the study's conclusions' reliability.
Critical Value
A threshold in hypothesis testing that defines the boundary of the region where the null hypothesis is rejected.
Minimum Value
The smallest number in a data set.
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