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When Post Grape-Nuts cereal ads show the cereal being used as a topping on yogurt, served hot as an alternative to oatmeal, and as a snack food, Post is using a positioning strategy
Null Hypothesis
The default hypothesis that there is no effect or no difference, and any observed difference is due to sampling or experimental error.
Population Proportions
A statistical measure that indicates the fraction of the population possessing a particular attribute or characteristic.
Normal Approximation
The process of using the normal distribution as an approximation for another distribution, commonly applied when the sample size is large.
Binomial
A type of probability distribution with two possible outcomes, used to model situations with fixed numbers of trials and the same probability of success.
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