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Programs and projects are examples of standing plans.
Alpha
A threshold value used in hypothesis testing that defines the maximum probability of committing a Type I error.
Type I Error
The erroneous dismissal of a true null hypothesis, often referred to as a "false positive."
Type I Error
An error where a valid null hypothesis is wrongly discredited, also known as a "false positive."
Type II Error
A statistical error that occurs when a test fails to reject a false null hypothesis.
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