Examlex
The rate of output at which the price level has no tendency to rise or fall is called the
Standard Error
A measure of the precision or variability of a sample statistic estimate of a population parameter.
Level Of Significance
Level of significance is a threshold in hypothesis testing that determines whether the null hypothesis can be rejected, typically expressed as a probability value (e.g., 0.05).
Rejection Region
The spectrum of results causing the null hypothesis to be dismissed in hypothesis testing.
Confidence Level
The probability, expressed as a percentage, that the range of a confidence interval contains the true parameter value.
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