Examlex
The financial section of a CAFR does not include:
F Ratio
A statistical measure used in the analysis of variance (ANOVA) to determine the ratio of variance between groups to the variance within groups.
Significant
In a statistical context, denotes results that are unlikely to have occurred by chance, indicating a meaningful difference or relationship.
Type I Errors
False positive conclusions in statistical hypothesis testing, erroneously indicating that a novel effect exists.
Type II Errors
Occurs in hypothesis testing when the null hypothesis is falsely accepted, meaning that a real effect or difference is missed.
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