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Big Business Competes Based on Mass Production And,thus,lower Prices

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Big business competes based on mass production and,thus,lower prices.Small business can compete based on


Definitions:

Notations

Symbols and signs used in various fields such as mathematics, music, and literature to represent specific concepts, quantities, and operations.

Two-way Tables

A type of table used to display frequencies for two categorical variables, showing the relationship between them.

Null Hypothesis

The null hypothesis is a type of hypothesis used in statistics that suggests there is no statistical significance in a set of given observations.

Observed Counts

The actual numbers counted in each category or group in a study or experiment.

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