Examlex
APRA's aim is to develop prudential policies that:
Effectiveness
The degree to which a procedure, when used under usual or everyday conditions, achieves the intended effect or results, distinguishing it from efficacy, which is measured under idealized conditions.
Efficacy
The ability to produce a desired or intended result.
Power
The probability that a test will correctly reject a false null hypothesis; in other words, the ability of a study to detect an effect if there is one.
Feasibility
The measure of how easily or conveniently a proposed project or study can be carried out or implemented.
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