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Banking facilitates investment by channeling funds from savers to borrowers.
Hypothesis Testing
A method of statistical inference used to decide whether a hypothesis about a parameter in a population is likely to be true, based on sample data.
U.S. Legal System
The U.S. Legal System is the framework of laws and institutions that govern the United States, including federal and state courts, laws, and regulations.
Null Hypothesis
A hypothesis that assumes no statistical significance exists in a set of given observations, typically asserting that no variation or effect is present.
Type I Error
The error that occurs when a true null hypothesis is incorrectly rejected.
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