Examlex
Acceptance sampling accepts or rejects an entire lot based on the information contained in the sample.
Critical Value
A point on the scale of the test statistic beyond which we reject the null hypothesis, and it depends on the chosen significance level.
Independent Variables
Variables in a statistical model that are manipulated or changed to observe their effect on dependent variables.
Coefficient of Determination
A measure used in statistical modeling that indicates how well data points fit a line or curve. It is represented as a value between 0 and 1.
Dependent Variable
A variable in statistical modeling whose value is influenced by other variables.
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