Examlex
Which of the following children is most likely to be a risk-taker?
Critical Value
A point on the scale of the test statistic beyond which we reject the null hypothesis, it's determined by the chosen significance level.
Alternative Hypothesis
A statement that contradicts the null hypothesis and indicates there is an effect or difference.
Critical Value Approach
A method used in hypothesis testing where the value of the test statistic is compared to a critical value to decide whether to reject the null hypothesis.
Hypothesized Population
The theoretical or assumed characteristics of a population from which a sample is drawn for the purpose of hypothesis testing.
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