Examlex
Which of the following is the first stage in an alternative dispute resolution?
Two-Tailed Test
A statistical test where the significance area is on both ends of the distribution, examining if a sample falls outside a specific value range on either side.
Null Hypothesis
A hypothesis used in statistics that proposes no significant difference or effect, serving as the default assumption to be tested against an alternative hypothesis.
Test Statistic
A value determined from sample data, used to make decisions on a hypothesis in statistical testing.
Level Of Significance
A threshold in hypothesis testing, representing the probability of rejecting a true null hypothesis, typically denoted by alpha.
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