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Choose the Word or Phrase in [ ] Which Will

question 129

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-A potential high return on an investment will signal a [high | low] risk exposure.


Definitions:

Type I Error

The incorrect rejection of a true null hypothesis, also known as a "false positive," occurring when a statistical test falsely indicates the presence of an effect.

Type I Error

A statistical error made by rejecting the null hypothesis when it is actually true, known as a false positive.

Type II Error

The failure to reject a false null hypothesis, also known as a "false negative."

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