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Clark works at a Yoga Studio, every Saturday he goes door-to-door marketing the Studio's services. His goal is to find people with both the desire and ability to purchase a monthly yoga pass. These people are referred to as a:
P-Value
A statistical measure that helps researchers determine the significance of their research results.
Null-Hypothesis
A hypothesis that suggests no statistical significance exists in a set of given observations, indicating no observable effect.
Factor Analysis
A statistical method used to describe variability among observed, correlated variables in terms of potentially lower numbers of unobserved variables, called factors.
Factor Analysis
A statistical method used to describe variability among observed variables in terms of a potentially lower number of unobserved variables called factors.
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