Examlex
Lean production systems typically strive for shorter setup times.
Effect Size
A quantitative measure of the strength of a phenomenon or the magnitude of a relationship between variables.
Cohen
Often refers to statistical power analysis methods or effect size measures designed by Jacob Cohen, used in hypothesis testing.
Alpha
A threshold value used in hypothesis testing that determines the level of significance, often set at 0.05.
Type I Error
A Type I error occurs in hypothesis testing when a true null hypothesis is incorrectly rejected, falsely indicating a significant effect or difference when there is none.
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