Examlex
The probability of a competitive response to a competitive action is based partly on the reputation of the competitor.
Type II Error
An error resulting from failing to reject an incorrect null hypothesis.
Sample Size
The number of observations or elements chosen from a population for the purpose of statistical analysis.
Significance Level
A threshold within which the p-value of a hypothesis test must fall for the result to be deemed statistically significant, typically set at 0.05 or 5%.
Test Power
The likelihood that a statistical test will correctly reject a false null hypothesis, identifying an effect when it is present.
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