(noun) a liquid or semi-liquid edible dressing or condiment served as an accompaniment to or an ingredient in a meat, dessert, or other food: pizza sauce, steak sauce, cranberry sauce, chocolate sauce, etc., or (verb) to add said sauce to something.
All hypothesis tests ultimately use a p-value to weigh the strength of the evidence (what the data are telling you about the population). The p-value is a number between 0 and 1 and interpreted in the following way: A small p-value (typically â¤ 0.05) indicates strong evidence against the null hypothesis, so you reject the null hypothesis.
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for the trailing 12 month period. Earnings Per Share (TTM).