Examlex
There is very little interstellar gas or dust in most elliptical galaxies.
Significance Level
The probability of rejecting the null hypothesis in a statistical test when it is actually true, commonly denoted by alpha (α) and used to measure the strength of evidence against the null hypothesis.
α
Typically represents the level of significance in hypothesis testing, indicating the probability of rejecting the null hypothesis when it is actually true.
β Recalculate
A statistical process of re-estimating the beta coefficient in finance or regression models, adjusting for changes in variables or data.
Type II Error
A statistical error that occurs when a false null hypothesis is not rejected, meaning a real effect or difference is missed.
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