Litteral meaning of terms Flashcards
1
Q
Alpha
A
Probability of rejecting the null hypothesis when it is in fact true
2
Q
P value
A
Prob of obtaining the observed results, assuming that the Null is true. A conditional objective probability
3
Q
Power
A
Probability that your test will find a statistically sig difference when such a difference actually exists
4
Q
Why not accepting H0
A
You’d prove a negative. Indicating that no effect exists. All you can prove is that the strength of your evidence falls short of being able to reject the null.
5
Q
Confidence interval
A
Indicates where the population parameter is likely to reside. You can be 95|% confident that the parameter is between x and x
6
Q
Bayes factor
A
Ratio of two marginal likelihoods.