Examlex
Describe direct-response retailing and internet retailing and provide examples.
Test Statistic
A calculated value used in statistical testing to determine the likelihood of a hypothesis.
Type II Error
A statistical error that occurs when one fails to reject a false null hypothesis, also known as a "false negative" finding.
Type I Error
The incorrect rejection of a true null hypothesis, also known as a "false positive" in hypothesis testing.
Specified
Clearly stated or identified; set forth explicitly.
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