RISK LEVEL

Lack of aversion to a specific amount of risk involved in making erroneous decisions, in a null hypothesis situation. See also: significance testing.

RISK LEVEL: "The risk level was entirely too high for my comfort."
Cite this page: N., Pam M.S., "RISK LEVEL," in PsychologyDictionary.org, April 28, 2013, https://psychologydictionary.org/risk-level/ (accessed January 13, 2020).
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