Examlex
The use of theory and observation is more difficult in economics than in sciences such as physics due to the difficulty in
Induce
To lead or move by persuasion or influence, as to some action or state of mind.
Failures
Instances where intended outcomes are not achieved or experiments do not produce expected results.
Type I Errors
Errors that occur when a researcher incorrectly rejects a true null hypothesis, indicating a false positive.
Type II Errors
Also known as a false negative, it occurs when a test fails to reject a false null hypothesis; not detecting an effect that is present.
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