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Mark hacks into the database of an e-commerce firm and steals the social security numbers of many of its customers.He then uses these numbers to take loans.This is an example of ________.
Confidence Interval
A range of values defined so that there is a specified probability that the value of a parameter lies within it.
P-value
A statistic that quantifies the probability of observing the obtained results, or more extreme, if the null hypothesis is true.
Significance Level
The threshold below which a p-value indicates that the observed data is unlikely to have occurred by chance, leading to rejection of the null hypothesis.
Null Hypothesis
A statement in statistical analysis that proposes there is no significant effect or difference between certain variables or groups.
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