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Statistical Significance

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Power of a Test

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The probability that the test correctly rejects the null hypothesis when the alternative hypothesis is true. For example, a test with 80% power has an 80% chance of correctly detecting an effect.

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Alternative Hypothesis (H1)

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A statement that proposes there is an effect or a difference. For example, the alternative hypothesis might claim that a new drug is effective in treating a disease.

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Two-tailed Test

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A hypothesis test that checks for statistical significance in both directions of a distribution. For example, testing if a drug is either more or less effective than the existing one.

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Alpha Level

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The threshold significance level at which the null hypothesis is rejected. It's the probability of committing a Type I error. For instance, an alpha level of 0.05 implies a 5% risk of wrongly rejecting the null hypothesis.

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Effect Size

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A quantitative measure of the magnitude of an experimental effect. For example, Cohen's d is an effect size indicating how many standard deviations two means differ by.

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Statistical Significance

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A statistical measure that expresses how likely a result is not due to chance alone. For example, a p-value less than 0.05 typically indicates statistical significance.

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Null Hypothesis (H0)

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A statement that there is no effect or no difference, and any observed effect is due to sampling or experimental error. For example, the null hypothesis might state that a drug has no effect on a disease.

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Type I Error

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An error that occurs when the null hypothesis is rejected when it is actually true. For example, stating there is an effect when there is none, with a probability equal to the significance level, typically denoted as alpha.

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Sample Size

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The number of observations or datapoints used in a statistical analysis. For example, a larger sample size can lead to more reliable results and less sampling error.

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Sampling Error

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The difference between a sample statistic and the true population parameter it estimates. For example, the difference between the sample mean and the population mean.

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Bonferroni Correction

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An adjustment to p-values when multiple comparisons are made, to reduce the chance of a Type I error. For instance, dividing the alpha level by the number of tests to get a new threshold.

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Confidence Interval

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A range around a sample statistic that estimates the range of values within which the true population parameter lies, based on a given confidence level. For example, a 95% confidence interval means we can be 95% certain the interval contains the true parameter.

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Type II Error

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An error that occurs when the null hypothesis is not rejected when it is actually false. For example, stating there is no effect when there is, with a probability denoted as beta.

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P-Value

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The probability of observing a statistic as extreme as, or more extreme than, the observed one, assuming the null hypothesis is true. For example, a p-value of 0.03 suggests a 3% chance of seeing the observed result if the null hypothesis is correct.

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One-tailed Test

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A hypothesis test that determines whether there is a statistically significant effect in only one direction. For instance, testing if a drug is more effective than the existing one, not less.

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