It is a newly established statistical parameter to uncover a value that lies within the Confidence interval of a two tailed distribution. Can be used even when both the null hypothesis and alternative hypothesis errors occur
The specificacy of this standard normal distribution, continuous discrete distribution => or -= or += or /= 1. Fun fact it can go above r=1 which could lead to type 2 error. However, since this distribution ignores the null hypothesis and the alternative hypothesis errors it should be fine :)
by StatisticalGenious September 24, 2021