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One-tailed Test
A hypothesis test where the region of rejection is on only one side of the sampling distribution.
Two-tailed Test
A two-tailed statistical hypothesis test that examines if a sample falls outside a specific range of values, testing for both exceeding and falling short of this range.
Expected Value
The mean value of a random variable, computed by multiplying each possible value by its probability and summing up these products.
Test Statistic
A value calculated from sample data during a hypothesis test used to determine the likelihood of the null hypothesis being true.
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