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Which entity acts to protect depositors from a bank run by insuring all deposits up to $250,000?
Critical Values
Specific points along the scale of a test statistic that delineate the acceptance or rejection of the null hypothesis.
Two-Tailed Hypothesis
A statistical test where the area of interest lies in both tails of the distribution, testing for the possibility of a relationship in both directions.
Level of Significance
A threshold used to decide whether a hypothesis test results are statistically significant.
Standard Error
Refers to the standard deviation of the sampling distribution of a statistic, often used as an estimate of the precision of a sample mean or proportion.
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