Examlex
Which of the following hold the largest percentage of mortgages outstanding in the United States?
Level Of Significance
The threshold probability used in hypothesis testing to determine if the null hypothesis can be rejected, typically denoted by alpha (α).
Power Of The Test
The likelihood that a test will correctly reject a false null hypothesis, indicating the test's sensitivity.
Null Hypothesis
A hypothesis that there is no significant difference between specified populations, any observed difference being due to sampling or experimental error.
Alternative Hypotheses
The hypothesis that there is a significant difference between groups, counter to the null hypothesis.
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