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p value
probability of getting evidence for the alternative hypothesis as strong or stronger than the observed evidence when the null hypothesis is true
if the p value is small
reject the null and conclude there is convincing evidence to support the alternative
if the p value is not small
fail to reject the null and conclude there is not convincing evidence for the alternative
significance level
the value we use as a boundary for deciding whether an observed result is unlikely to happen by chance alone when the null hypothesis is true
type I error
rejecting a true null
type II error
failing to reject a false null
the probability of making a type I error in a significance test is equal to
the significance level
standardized test statistic
measures how far a sample statistic is from what we would expect if the null hypothesis were true
standardized test statistic formula

power
the probability of making a type I error
how to increase power
increase sample size and significance level