Examlex
Under the Convention on Contracts for the International Sale of Goods, consideration is not required to form a contract.
Normally Distributed
Describes a data set whose distribution forms a symmetric, bell-shaped curve around the mean.
Top 10%
A term used to denote the upper 10 percentile of a data set or distribution, representing values higher than 90% of the others.
Hypothesized Population Mean
A specific value that represents the average outcome we propose or expect for a population in hypothesis testing.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values, indicating how much the values in the data set deviate from the mean.
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