Any Value Which Is Based on Having Measured the Entire

question 81

Multiple Choice

Any value which is based on having measured the entire population is called

• A) a parameter
• B) a statistic
• C) a finite measure
• D) none of these

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Definitions:

Significance Level

A threshold used in hypothesis testing that determines the probability of rejecting a null hypothesis when it is actually true.

Type I Error

The incorrect rejection of a true null hypothesis, also known as a "false positive."

Type II Error

The error that occurs when a statistical test fails to reject a false null hypothesis, also known as a "false negative."

Confidence Interval

A range of values, derived from sample statistics, that is believed to cover the true population parameter with a specified level of confidence.