Statistic Definitions Flashcards
1
Q
What is an experiment?
A
An experiment is a repeatable process that gives rise to a number of outcomes
2
Q
What is an event?
A
An event is a collection of one or more outcomes
3
Q
What is a sample sapce?
A
A sample space is the set of all possible outcomes
4
Q
What is the significance level?
A
The chance of the result happening by luck or chance
5
Q
What is the null hypothesis?
A
The default position or the current theory
6
Q
What is the difference between a one tail and a two tailed test?
A
One tail: one direction
Two tail: two directions
