Examlex
Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-By holding stock in 5 companies,you are reducing [market | business] risk.
Hypothesis Testing
A method in statistics to determine whether there is enough evidence in a sample of data to infer that a certain condition is true for the entire population.
Population Parameters
The actual values that describe characteristics of an entire population, such as mean, variance, and standard deviation.
Null Hypothesis
A hypothesis in statistics that proposes no significant difference or effect, serving as the default assumption to be tested.
Alternative Hypothesis
The Alternative Hypothesis is the hypothesis that there is a significant difference or effect, opposed to the null hypothesis in statistical testing.
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