In a Few Sentences, Define the Following Terms

question 22

Essay

In a few sentences, define the following terms:
a) Event
b) Chance experiment

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Definitions:

Differences

Refers to the discrepancy or variation between two or more entities, values, or states.

P Value

A statistical metric that quantifies the probability of observing the test results under the assumption that the null hypothesis is correct.

Hypothesized Reason

A proposed explanation made on the basis of limited evidence as a starting point for further investigation.

Type II Error

The failure to reject a false null hypothesis, commonly referred to as a "false negative" finding.