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 :)