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XBRL allows users to extract and compare financial data from many different companies.
Significance Level
The probability of rejecting the null hypothesis in a statistical test when it is actually true, typically denoted by alpha (α), used as a threshold to gauge the strength of the evidence against the null hypothesis.
Test Statistic
A statistic calculated from sample data that is used in a hypothesis test to decide whether to reject the null hypothesis.
Sample Proportion
The ratio of members within a sample that possess a particular trait or characteristic, relative to the total sample size.
Null Hypothesis
The hypothesis that predicts no interaction or association between variables, serving as the benchmark for statistical testing.
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