Examlex
What is the effective interest rate corresponding to the nominal rate of 5% compounded semiannually?
P-Value
The likelihood of getting findings from tests that are at least as extreme as what was observed, assuming the correctness of the null hypothesis.
Null Hypothesis
A statistical hypothesis that assumes no significant difference or effect, serving as the default assumption that is tested against an alternative hypothesis.
Type I Error
The incorrect rejection of a true null hypothesis, often referred to as a "false positive."
Null Hypothesis
A statistical hypothesis that assumes no significant difference or effect exists among the variables being tested.
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