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Loss Function Optimality

A decision-theoretic approach to evaluating a hypothesis test involves optimizing a loss function whose action space contains only two elements. The loss function is a two-part function that takes…

From  Jane Harvill 102 plays 0  

Error Probabilities and Power Functions

In deciding to accept or reject the null hypothesis, an experimenter might be making a mistake. Usually, hypothesis tests are evaluated and compared through their probabilities of making mistakes. …

From  Jane Harvill 262 plays 0