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The 50th Percentile Is the

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The 50th percentile is the


Definitions:

Null Hypothesis

A default hypothesis that there is no significant difference or effect, used as a starting point for statistical testing.

Test Statistic Value

A value derived from sample data during a hypothesis test, used to determine whether to reject the null hypothesis within the context of the test.

Significance Level

The threshold under which the p-value falls to reject the null hypothesis, typically set at 0.05 or 5%.

Critical Value

A threshold in a statistical test that defines the boundary between where a statistical hypothesis would be considered significantly different or not.

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