Question

What is the name of the region that represents area
of normal curve corresponding to type -1 error?​

Answer 1

Answer:

Acceptance region—the area under the curve of a standardized sampling distribution between the negative value and positive value of the test statistic's critical value.

Aggregate index number—indexes that involve a group of commodities

Alternate hypothesis—the statement that we hope to demonstrate to be true

Array—a simple way of organizing raw data is to arrange the values in ascending or descending order of magnitude.

Average deviation from the mean—a measure of the average magnitude (absolute value numerical value without +or -sign) of the deviations from the mean.

Base period—the point in time at which the selected number was measured

Bi-directional bar chart—used to show the percent changes in value of a variable over time.

Binomial distribution—based on a series of attempts (trials) in which only two outcomes are possible on a single trial.

Class frequency—the number of observations that fall into the given classes. Each observation must be assigned to a class, but no observation can appear in more than one class.

Class interval—is influenced by the number of observations that make up the data set. The larger the number of observations, the larger the number of classes that can be justified. However, it is recommended that the number of classes be no fewer than 6 and no more than 15.

Class width—should be a convenient number such as 5 or 10.

Explanation:

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