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Return on Investment Is the Ratio of

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Return on investment is the ratio of


Definitions:

Type II Error

The error that occurs when a hypothesis test fails to reject a false null hypothesis, also known as a false negative.

Level Of Significance

The threshold for determining whether a statistical result is not due to chance, often set at 0.05 or 5% in many scientific studies.

Sample Size

The amount of observations or data points obtained from a population for statistical analysis purposes.

Level Of Significance

The threshold for rejecting the null hypothesis in a statistical test, often denoted by alpha and representing the risk of a Type I error.

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