Examlex
Which of the following accounts is an example of a liability?
Type I Error
A statistical mistake made when a true null hypothesis is incorrectly rejected.
Type II Error
A statistical mistake that occurs when a false null hypothesis is not rejected, erroneously indicating no effect or difference when one does exist.
True Average Age
The actual mean age of a group or population, accurately representing the central tendency without bias.
Sample Size
The number of observations or units in a sample taken from a population for the purpose of statistical analysis.
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