Examlex
Government can solve externality problems that are too costly for private parties to solve.
Reject The Hypothesis
The decision in hypothesis testing that the evidence is sufficient to conclude the hypothesis is not consistent with the data.
Type II Error
A statistical term referring to the error that occurs when a false null hypothesis fails to be rejected.
Null Hypothesis
A statement that assumes no effect or no difference in a statistical hypothesis test.
Intervention Group
The group in an experimental study that receives the treatment or intervention being tested, as opposed to a control group.
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