Examlex
The Nasdaq 100 Composite Index is a value-weighted index.
Significance Level
The probability of rejecting the null hypothesis when it is actually true, often denoted as alpha (α) and typically set at 0.05 or 5%.
Null Hypotheses
A statement in statistical inference that proposes no significant difference or no effect, serving as the default assumption to be tested.
Alternative Hypothesis
A statement in hypothesis testing that proposes a significant difference or effect, contrasting the null hypothesis.
Average Amount
The sum of a collection of numbers divided by the count of numbers in the collection.
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