Examlex
On most days, you notice that stock prices fluctuate wildly. It is obvious to you that markets are inefficient during this period.
Rejection Region
The range of values for which the null hypothesis is considered not probable, leading to its rejection in favor of the alternative hypothesis.
Experimental Plan
A detailed strategy designed to test a hypothesis in a controlled environment.
Completely Randomized Design
An experimental design where subjects are randomly assigned to treatments, ensuring that each treatment group is statistically equivalent at the start of the experiment.
Randomized Block Design
An experimental design that groups subjects into blocks based on certain variables to control the variables' effect on the experiment, and randomly assigns treatments within those blocks.
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