Examlex
Monetary policy is a form of ___________ policy.
Test Statistic
A calculated value that is used in statistical tests to determine whether to reject the null hypothesis, based on sample data.
P-Value
The probability of getting the observed value of the test statistic, or one more extreme, assuming the null hypothesis is true.
Level Of Significance
The probability of rejecting the null hypothesis when it is true, typically set as a threshold like 0.05 or 0.01 before conducting a hypothesis test.
Sample Size
Refers to the number of observations or elements selected from a population to conduct a study.
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