Examlex
Which of the following is recommended by the Organization for Economic Cooperation and Development (OECD) Guidelines?
Critical Value
A point on the scale of the test statistic beyond which we reject the null hypothesis; it defines the cutoff between significant and non-significant results.
Significance Level
Another term for level of significance, it represents the probability of rejecting the null hypothesis when it is actually true, typically denoted by alpha (α).
Standard Deviation
A statistical metric that quantifies the dispersion or variability of a dataset relative to its mean.
Significance Level
A threshold below which a p-value indicates that the null hypothesis can be rejected.
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