Examlex
Bureaucratic rules designed to make it difficult for imports to enter a country are called local content requirements.
Type II Error
A Type II Error occurs when a statistical test fails to reject a false null hypothesis, falsely indicating no effect or difference when one exists.
Level of Significance
The probability threshold below which the null hypothesis is rejected in hypothesis testing.
Probability
A mathematical measurement of the likelihood of an event occurring, expressed as a number between 0 and 1.
Level of Significance
The criterion used for rejecting the null hypothesis; often denoted by alpha.
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