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A website developer is working on a new e-commerce website and has asked an information security expert for the most appropriate way to store credit card numbers to create an easy reordering process. Which of the following methods would BEST accomplish this goal?
Critical Value
A point on the scale of the test statistic beyond which we reject the null hypothesis, significant in hypothesis testing.
Level of Significance
The probability of rejecting the null hypothesis in a statistical test when it is actually true; a measure of the risk of making a Type I error.
Proportions
A statistical measure that reflects the size of a part compared to the whole, typically expressed as a fraction or a percentage.
Level of Significance
The probability of rejecting the null hypothesis in a statistical test when it is actually true, typically set prior to conducting the test.
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