probability and significance Flashcards
1
Q
probability
A
The likeliness that an event will occur.
2
Q
significance
A
Indicates degree of certainty that a difference or correlation exists.
3
Q
critical value
A
A number that tells us whether or not we can reject the null hypothesis.
4
Q
type 1 error
A
Reject null hypothesis when it should have been retained.
5
Q
type 2 error
A
Accept null hypothesis when it should have been rejected.
