Performance Measurement Is Always Subjective and Is Not Reliable to Predict

question 1

True/False

Performance measurement is always subjective and is not reliable to predict future performance.

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Definitions:

Probability

A numeric scale from 0 to 1 indicating how probable an event is to take place.

Statistic

A numerical value that describes a characteristic of a sample.

Regions of Rejection

Areas in a statistical test that, if a test statistic falls within, lead to the rejection of the null hypothesis.

Critical Value

The threshold value that the test statistic must exceed in order for the null hypothesis to be rejected.