Examlex
The concept of ________ is based on the common-sense notion that a dollar paid to you in the future is less valuable to you than a dollar today.
Hypothesis Testing
A method in statistics to decide whether to accept or reject a hypothesis based on sample data, to determine the likelihood that a parameter related to the population is true.
Research Hypothesis
A specific, testable prediction about the expected outcome of a study.
Probability
A measure of the likelihood that an event will occur, expressed as a number between 0 and 1.
Samples
Subsets of a population selected for measurement, observation, or questioning to make statistical inferences about the whole population.
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