Examlex
What is the essence of the business case for why a company should endeavor to be socially responsible in its actions and conduct?
Null Hypothesis
A statement in hypothesis testing that assumes no effect or no difference between groups or variables.
Type I Error
A Type I Error occurs when a true null hypothesis is incorrectly rejected, also known as a "false positive" finding in research.
Type II Error
An incorrect decision to accept the null hypothesis when it is false.
Punishment
A consequence delivered after an undesirable behavior, intended to reduce the likelihood of that behavior occurring again.
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