statistical test

any mathematical technique or procedure used to evaluate the correctness of an empirical hypothesis by determining the likelihood of the sample results occurring by chance. Statistical testing will reveal the probability of committing a Type I error if the null hypothesis is rejected. See hypothesis testing; statistical significance.

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Psychology term of the day

January 27th 2025

standardized coefficient

any index derived from an analysis of two or more variables that have been transformed via standardization, which ensures their value ranges and variances are equivalent and thus appropriate for comparison. The term is most commonly used to denote the standardized regression coefficient or beta coefficient.