Examlex
If findings from a random sample of 1,500 people have a 95 percent chance of accurately reflecting the views of the whole population within 3 percentage points, what percentage of the overall population would favor changing voting day from Tuesday to Sunday if the poll found that 57 percent of those polled favored the change?
Hypothesis Test
A statistical method that uses sample data to evaluate a hypothesis about a population parameter.
Operating Characteristic Curve
The operating characteristic curve is a graphical representation used in quality control to depict the probability of accepting a lot given its level of quality or defect rate.
Type II Error
The error that occurs when a false null hypothesis is not rejected, also known as a "false negative" finding.
Population Mean
The average value of a property of the members of a population, which is a comprehensive collection of individuals or objects studied.
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