Examlex
It is not possible for everyone to be better off (in absolute terms) if the income distribution has become more unequal.
Obtained Value
The actual value or result found from a statistical test or experiment.
Critical Value
A point on the scale of the test statistic beyond which the null hypothesis is rejected.
Null Hypothesis
A default hypothesis that there is no significant difference or relationship between specified populations, any observed effect is due to sampling or experimental error.
Type I Error
The statistical error that occurs when a true null hypothesis is incorrectly rejected.
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