Examlex
No matter how many forms of investment analysis you do:
Probability
The quantification of an event's probability, expressed as a value from 0 to 1, where 0 means the event cannot happen and 1 means it will definitely occur.
Type I Error
The error made by rejecting a true null hypothesis, often referred to as a "false positive."
Type II Error
The error that occurs when a false null hypothesis is not rejected, also known as a "false negative."
Reducing
The process of decreasing or minimizing a quantity, dimension, or frequency.
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