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Abel is considering whether or not to get an electronic reader. He has read online reviews of three different kinds of readers and has talked with two friends who own electronic readers. Abel is at the awareness stage of the new product adoption process.
Standard Error
The standard deviation of the sampling distribution of a statistic, commonly the mean.
Sample Standard Deviation
A measure of the dispersion or variability of a set of sample data points.
Alternative Hypothesis
A hypothesis used in hypothesis testing that proposes there is a significant difference between the observed data and the null hypothesis.
Standard Error
The standard deviation of the sample distribution of a statistic, used to estimate the accuracy of the sample mean as a predictor of the population mean.
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