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Which of the following is a normative statement about economic growth?
Critical Value
A point on the scale of the test statistic beyond which we reject the null hypothesis; it denotes the threshold of significance.
Significance Level
The probability threshold below which a null hypothesis is rejected in hypothesis testing, often denoted by alpha (α).
Obtained Value
The result or outcome achieved from a calculation or experiment.
P Value
A statistical measure that indicates the probability of the observed data occurring under a specific hypothesis.
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