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When asked in an interview what she missed the most because of the time she spent training for the Olympics, a rower, who lived on her own, answered "a normal social life." She also revealed that she had given up a job that paid $30,000 per year to train fulltime. She received a grant of $8,000 per year from Sport Canada, but this failed to cover all her training expenses. Her food and rent were $5,000 per year and training expenses were $12,000 per year. Aside from the value of a normal social life, what is the annual opportunity cost, expressed in dollars, to this rower of "Going for Gold"?
Groups
Sets of subjects or variables categorized together for analysis or study.
Null Hypothesis
A hypothesis that states there is no significant difference or relationship between specified populations, any observed difference being due to sampling or experimental error.
Groups
In research, these refer to sets of subjects or items that have been separated based on characteristics or treatment conditions for analysis.
Chi-square Statistic
A statistical measure used in the chi-square test to evaluate the difference between observed and expected frequencies in one or more categories.
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