Examlex
i. An alternate hypothesis is a statement about a population parameter that is accepted when the null hypothesis is rejected. ii. The level of significance is the risk we assume of rejecting the null hypothesis when it is actually true.
iii. The researcher must decide on the level of significance before formulating a decision rule and collecting sample data.
Nudge
A framing of choices by which governments and companies can, without coercion or altered incentives, encourage people to make choices that support their health, retirement savings, and well-being.
Choices
The act of selecting between two or more possibilities when faced with a decision.
Belief Perseverance
The phenomenon wherein individuals maintain their beliefs even in the face of contradictory evidence.
Evidence
Material or information presented in support of a claim or argument, typically used in legal or scientific contexts.
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