Examlex
Since 1960,real GDP has fluctuated to some extent;however,there has been virtually no overall growth when the entire time span is considered.
Power Of The Test
The likelihood that a test will correctly reject a false null hypothesis, indicating the test's sensitivity.
Null Hypothesis
A hypothesis that there is no significant difference between specified populations, any observed difference being due to sampling or experimental error.
Alternative Hypotheses
The hypothesis that there is a significant difference between groups, counter to the null hypothesis.
Type II Error
A type of error that occurs when a statistical test fails to reject a false null hypothesis.
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