Examlex
How does merit pay differ from a bonus?
Type II Error
A Type II error occurs when a statistical test fails to reject a false null hypothesis, indicating a false negative result.
Sample Size
The number of observations or data points collected in a statistical sample from a population.
Margin of Error
The amount of error that can be tolerated in statistical estimates, indicating the extent to which the sample results can differ from the true population values.
Test Hypotheses
The process of making an assumption about a population parameter and then using sample data to test whether the assumption holds true.
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