Examlex
Hanification is a term
Critical Value
The threshold value that a test statistic must exceed for the null hypothesis to be rejected in hypothesis testing.
Type I Error
The incorrect rejection of a true null hypothesis, also known as a false positive.
Type II Error
The error of failing to reject a false null hypothesis, also known as a false negative.
Decision Maker
An individual or group responsible for making choices after evaluating options, considering consequences, and selecting the best course of action.
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