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When We Are Testing a Hypothesis About the Difference in Two

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When we are testing a hypothesis about the difference in two population proportions based on large independent samples, we compute a combined (pooled) proportion from the two samples if we assume that there is no difference between the two proportions in our null hypothesis.


Definitions:

Incomplete Instrument

A legal document or financial instrument that is missing essential information or signatures.

Negotiable

A term referring to a document or instrument that is transferable from one person to another in a form that is legally effective for the transfer.

Promissory Note

A written, legally binding agreement in which one party promises to pay another a specific sum of money by a set date.

Revised Article 3

An updated version of Article 3 of the Uniform Commercial Code (UCC) that governs negotiable instruments, including checks and promissory notes.

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