Examlex
_____________ float is the closest approximation to perfect competition, because there is no government intervention and because billions of units of currency are
Being traded by buyers and sellers.
Type I Error
A statistical error occurring when one incorrectly rejects a true null hypothesis, also known as a false positive.
Probability
A measure of the likelihood or chance that a particular event will occur.
Familywise Error
The probability of making one or more false discoveries, or Type I errors when performing multiple hypotheses tests.
Scheffé Test
The Scheffé test is a post-hoc statistical analysis method used to identify differences among means in a set of groups, following an ANOVA.
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