The Final Questions in the Planning Process Concern Feasibility, Risk

question 32

True/False

The final questions in the planning process concern feasibility, risk versus benefit, economy, and goal setting.

---

Definitions:

Confidence Interval

A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter, with a specified level of confidence.

Null Hypothesis

A default hypothesis that there is no significant difference or effect, often symbolized as H0, to be tested against an alternative hypothesis.

Level Of Significance

A different phrasing for the threshold probability used to decide when a hypothesis test's results are too unlikely under the null hypothesis, prompting its rejection.

Null Hypothesis

A statistical hypothesis that assumes no significant difference or effect exists between certain datasets or parameters.