A summary of cash flows for Alex Design Services for the year ended December 31, 2012, is shown below.
Prepare a statement of cash flows for Alex Design Services for the year ended December 31, 2012.
Definitions:
Type II Error
In statistical hypothesis testing, the error that occurs when one fails to reject a false null hypothesis (a false negative).
Significant
Indicates that the results in statistical analysis are likely not due to chance, and there is a certain degree of reliability in the findings.
Power
The probability that a statistical test will correctly reject a false null hypothesis, a measure of a test's capability to detect an effect when there is one.
Hypothesis Testing
A statistical method used to evaluate the plausibility of a hypothesis by using sample data.
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