Examlex
Yield management is an effective tool that can be used to shape demand patterns.
Acceptance Region
In hypothesis testing, this is the range of values for which the null hypothesis is not rejected.
Not Statistically Significant
A term indicating that the observed difference or relationship in data could have occurred by chance and does not provide strong evidence against the null hypothesis.
Test Statistic
A numerical value derived from sample data that measures the degree of conformity with a null hypothesis in statistical hypothesis testing.
Type I Error
The error of rejecting the null hypothesis when it is actually true, commonly referred to as a "false positive".
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