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If aggregate output equals planned aggregate expenditure, then
Value Of T
The value of t, often found in t-tests, quantifies the difference between an observed sample mean and its hypothesized population mean value, measured in terms of standard errors.
Degrees For Freedom
The number of independent values in a statistical calculation that can vary without violating any given constraints.
T-Distribution
A probability distribution that is symmetric and bell-shaped, used particularly for small sample sizes or unknown population standard deviations; synonymous with Student T Distribution but demands a new definition.
Sample Mean
The average of all numerical values in a sample subset of a population, used in statistics to estimate the population mean.
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