Figure 14.2
-Refer to Figure 14.2. A movement from point b to point a could be caused by a(n)
Definitions:
Sampling Distribution
The probability distribution of a given statistic based on a random sample, used for hypothesis testing and constructing confidence intervals.
Significance Level
The probability of rejecting the null hypothesis in a statistical test when it is actually true, commonly denoted as alpha.
Statistically Significant
An observation or effect sufficiently large or important to be unlikely to have occurred by chance, as per a predefined threshold in hypothesis testing.
Confidence Interval
An aggregation of values, hailing from sample statistics, anticipated to envelop the value of an unseen population parameter.
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