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Significance Level
Significance level, often denoted by alpha, is the probability of rejecting the null hypothesis when it is true, serving as a threshold for determining statistical significance.
Power of a Test
The probability that a statistical test will correctly reject a false null hypothesis; a measure of a test's ability to detect an effect when there is one.
Null Hypothesis
A statement used in statistics that proposes there is no significant difference or effect, and any observed difference is due to sampling or experimental error.
Probability
A gauge for predicting the chance that an event will happen, expressed in numbers that fall within 0 and 1.
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