Tag: sample

Sample

What is a 'Sample' A sample is a subset containing the characteristics of a larger population. Samples are used in statistical testing...

Kurtosis

DefinitionIn probability theory and statistics, kurtosis is a measure of the "tailedness" of the probability distribution of a real-valued random variable. In a similar...

Jekyll and Hyde

DefinitionStrange Case of Dr Jekyll and Mr Hyde is a gothic novella by the Scottish author Robert Louis Stevenson first published in 1886. The...

Law Of Large Numbers

DefinitionIn probability theory, the law of large numbers is a theorem that describes the result of performing the same experiment a large number of...

PL Statement

Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading Financial ratios as a means of forecasting bankruptcy - www.jstor.org Testing...

A-B Split

What is 'A-B Split' A method of testing the effectiveness of marketing methods or media. Using A-B split marketing, a list of...
Wage Assignment

Wage Assignment

What Is a Wage Assignment? A wage assignment is an agreement in which an employer assigns its right to a certain amount of wages to...

T-Test

What is a 'T-Test' A t-test is an analysis of two populations means through the use of statistical examination; a t-test with...

Z-Test

What is a 'Z-Test' A z-test is a statistical test used to determine whether two population means are different when the variances...

T Distribution

What is 'T Distribution' A type of probability distribution that is theoretical and resembles a normal distribution. A T distribution differs from...

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