Examlex
The rate of return earned in the market is called the
Type I Error
The incorrect rejection of a true null hypothesis, also known as a "false positive."
Type II Error
The error that occurs when a statistical test fails to reject a false null hypothesis, also known as a "false negative."
Confidence Interval
A range of values, derived from sample statistics, that is believed to cover the true population parameter with a specified level of confidence.
Democratic Candidate
An individual seeking nomination or election within the Democratic Party, one of the two major political parties in the United States.
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