Examlex
The principle that the Supreme Court used in overturning Fulton's monopoly on a New York steamboat operation was that
Population Proportions
The percentage or fraction of individuals in a population that exhibit a particular attribute or characteristic.
Null Hypothesis
A hypothesis in statistical testing that there is no effect or no difference, and any observed deviation is due to sampling or experimental error.
Significance Level
A threshold below which a p-value is considered statistically significant, indicating that observed results are unlikely to be due to chance.
Critical Value
The point or points on the scale of a test statistic beyond which we reject the null hypothesis; these values define the threshold of significance.
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