Examlex
A policy is an explicit statement that tells a manager what can or cannot be done.
Variance
A statistical measure of the dispersion representing how much the values in a data set differ from the mean of the data set.
Highly Significant
A statistical term used to describe an outcome when the observed p-value is much lower than the specified level of significance (α), strongly indicating a true effect.
Statistical Significance
A measure of the likelihood that a difference or relationship observed in a study could have occurred by random chance, often denoted by a p-value.
Effect Size
A quantitative measure of the magnitude of the experimental effect from a study, indicating the size of the difference between groups.
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