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α
A symbol often used to denote the probability of making a Type I error in hypothesis testing, representing the significance level.
Level of Significance
The probability threshold in hypothesis testing below which the null hypothesis is rejected, indicating statistical significance.
Type I Error
The mistake of rejecting the null hypothesis when it is actually true, often termed as a "false positive" in hypothesis testing.
Probability
A measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
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