Statistical Procedure

Attribute Sampling
Attribute sampling is a statistical procedure used to analyze qualitative characteristics of a population in terms of possession or non-possession of the attribute.
Hypothesis Testing
Hypothesis testing is a statistical procedure that involves making a formal decision about whether a statement (hypothesis) about a population parameter should be accepted or rejected based on sample data.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.