Examlex
Which of the following refers to shopping without visiting a store and is currently growing faster than in-store shopping because of the consumer demand for convenience?
Significance Level
The probability of rejecting the null hypothesis in a statistical test when it is actually true; a measure of the risk of a Type I error.
SRS
Simple Random Sampling, a method of selecting a sample in which each member of the population has an equal chance of being included.
Null Hypothesis
A statistical hypothesis that assumes no significant difference or effect exists between certain states or parameters in a population.
Significance Level
A threshold in hypothesis testing that determines the probability of rejecting the null hypothesis when it is actually true.
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