Examlex
refers to the ability of an investor to buy and sell a company's securities quickly and without a significant loss of value.
Empirical
Based on observation or experience rather than theory or pure logic.
Type II Error
In research, the mistake of thinking that one variable does not have an effect on or relationship with another, when really it does.
Empirical Method
A way of gaining knowledge by means of direct and indirect observation or experience.
Type I Error
In research, the mistake of thinking that one variable has an effect on, or relationship with, another variable, when really it does not.
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