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Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Hypothesis testing allows for testing an idea regarding a parameter of interest in a particular population set, using information that has been measured in a sample set. ... Types of Errors .
Hypothesis testing is a branch of statistics in which, using data from a sample, ... Be aware of the two types of errors you can make when deciding on what to do with the Null.
For multiple hypothesis testing in genomics and other large-scale data analyses, the independent hypothesis weighting (IHW) approach uses data-driven P-value weight assignment to improve power ...