Examlex
The SCOR model focuses on the basic supply chain processes of:
Rejecting
In statistics, it often refers to the act of discarding the null hypothesis based on the evidence of a test.
Type I Error
A Type I error occurs when a true null hypothesis is incorrectly rejected, often denoted as a false positive in hypothesis testing.
Null Hypothesis
A statement used in statistics that proposes there is no significant difference or effect.
Level of Significance
The threshold at which the null hypothesis is rejected in favor of the alternative hypothesis in statistical testing, indicating the probability of making a Type I error.
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