The document defines statistical concepts such as p-value, confidence interval, variance, coefficient of variation, and standard error. The p-value is the probability of obtaining a test statistic at least as extreme as the one that was actually observed, given that the null hypothesis is true. A confidence interval indicates a range of values within which the population mean is likely to fall. Variance measures how far data points are spread out from the mean. The coefficient of variation allows meaningful comparison of distributions with different magnitudes. Standard error gauges the variability of a sample mean as an estimate of the true population mean.