Silence Does Not Indicate Assent to an Offer, Even If

question 24

True/False

Silence does not indicate assent to an offer, even if both parties agree beforehand that this is to be the means of acceptance.

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Definitions:

Null Hypothesis

A statement used in statistics that proposes there is no significant difference or effect, serving as the default assumption to be tested against an alternative hypothesis.

Test Statistic

A statistic (a function of the data) used in statistical hypothesis testing to decide whether to reject the null hypothesis.

P-value Approach

A method in hypothesis testing that uses the p-value, the probability of obtaining test results at least as extreme as the observed, under the assumption the null hypothesis is true.

Critical Values

Specific points along the scale of a test statistic that delineate the acceptance or rejection of the null hypothesis.