Continuous Scanning Helps a Firm to Deal Proactively with Emergent

question 58

True/False

Continuous scanning helps a firm to deal proactively with emergent news stories that can harm the firm's good name.

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Definitions:

Type I Error

The faulted rejection of an authentic null hypothesis, also termed 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" result.

Statistical Outcome

The result of any single observation or measurement regarding a statistical experiment.

Validity

The extent to which a concept, conclusion or measurement is well-founded and likely corresponds accurately to the real world.