Examlex
For a given sample size, when we increase the probability of a Type I error, the probability of a Type II error:
Measurements
Quantitative data collected by noting the extent, dimension, quantity, or capacity of something using standard units.
Interquartile Range
The difference between the 75th and 25th percentiles of a data set, measuring the spread of the middle 50% of the data.
Summary Statistics
Numeric values that summarize and provide information about your sample data, including measures like mean, median, and standard deviation.
Lower Fence
A term used in descriptive statistics and boxplot construction, referring to a value below which lies an outlier in a dataset, typically calculated as Q1 - 1.5*IQR, where Q1 is the first quartile and IQR is the interquartile range.
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