Examlex
Which of the following is an example of a natural resource?
Statistically Significant
A term indicating that the observed effect or relationship in data is unlikely to be due to chance, based on a predetermined significance level.
Null Hypothesis
An initial assumption which posits that no meaningful variance or impact exists, serving as the basis for beginning statistical analysis.
Significance Level
The probability of rejecting the null hypothesis in a statistical test when it is actually true, commonly denoted as alpha (α) and used as a threshold for determining statistical significance.
Statistically Significant
A determination that a relationship observed in a dataset is unlikely to have occurred by chance, according to a predefined significance level.
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