Examlex
What is the theory of bureaucratic behavior and how can it be used to explain the behavior of the Bank of Canada?
Power
In statistics, the probability that a test will correctly reject a false null hypothesis; essentially, the test's sensitivity to detect an effect when there is one.
Likelihood Of Error
The probability or chance that a statistical conclusion may be incorrect or misleading.
Mean
An average of a set of numbers, calculated by dividing the sum of all the values by the number of values.
Z Score
A numerical calculation indicating how a specific value's distance from the group's average is expressed in multiple standard deviations.
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