Examlex
Which of the data points in the following distribution seems to be an outlier: 8, 10, 12, 14, 12, 15, 2000?
Test Power
The likelihood that a statistical test will correctly reject a false null hypothesis, identifying an effect when it is present.
Level of Significance
The threshold used in statistical hypothesis testing to decide whether to reject the null hypothesis, typically denoted by alpha (α) and set prior to conducting a test.
Measure of Performance
A metric used to evaluate the effectiveness, efficiency, or quality of a procedure, process, or activity.
Standard Deviation
An indicator of the spread or variability among a collection of numbers, reflecting the degree to which these numbers deviate from their average.
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