The Null Hypothesis Really Means That the Likelihood of a Result

question 2

True/False

The null hypothesis really means that the likelihood of a result being due to random error can be rejected at the moment.

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Definitions:

Significance Level

The probability of rejecting the null hypothesis in a statistical test when it is actually true, commonly denoted as alpha.

Statistically Significant

An observation or effect sufficiently large or important to be unlikely to have occurred by chance, as per a predefined threshold in hypothesis testing.

Confidence Interval

An aggregation of values, hailing from sample statistics, anticipated to envelop the value of an unseen population parameter.

Sample Mean

The average value of a sample set, calculated by summing all observations and dividing by the number of observations.