Examlex
An ____________ is one that deals with everyday transactions and processes.
Null Hypothesis
An assumption made for a statistical test that there is no significant difference or effect, to be tested against the alternative hypothesis.
Equality Sign
A symbol used in mathematics to indicate that two expressions on either side of the sign are equal in value.
Type I Error
The mistake of rejecting the null hypothesis when it is actually true, falsely indicating a significant effect or difference.
Type II Error
A Type II error occurs when a statistical test fails to reject a false null hypothesis, mistakenly accepting a false premise.
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