The Principle of Conservatism States That Gains Should Not Be

question 71

True/False

The principle of conservatism states that gains should not be anticipated but that all potential losses should be recognized.

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Definitions:

Expected Frequency

The predicted number of times an outcome is anticipated to occur in a statistical experiment based on the probability of that outcome.

Expected Frequency

The theoretical frequency of an event or category estimated from a probability distribution or sample data.

Groups

Sets of subjects or items that are classified together based on shared characteristics or for purposes of an experiment or study.

Total N

The total number of observations, subjects, or participants included in a study or experiment.