Beta (β) is a statistical term that represents the probability of making a Type II error in hypothesis testing, which occurs when the null hypothesis is not rejected when it is actually false. It is essential for determining the power of a statistical test, which indicates the test's ability to detect an effect or difference when one truly exists. A lower beta value means a higher probability of correctly rejecting a false null hypothesis, making it a critical component in sample size determination and ensuring sufficient power in studies.
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