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While Steve consistently meets or exceeds his goals, he arrives late to work on an almost daily basis. This annoys his supervisor, who is punctual to a fault, and translated into a below-average performance rating. This illustrates the "horn error."
Statistical Evidence
Quantitative data used to support or refute a hypothesis or to estimate the truth of a parameter.
Confidence Interval
A range of values, derived from sample statistics, that is believed to contain the value of an unknown population parameter with a certain level of confidence.
Level Of Significance
The threshold used in statistical tests to determine if a result is statistically significant, indicating the probability of the result occurring by chance.
Null Hypothesis
A statistical hypothesis that assumes no significant difference or effect exists between certain aspects of a population or parameters.
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