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What are the three basic strategies for becoming a business owner?
Test Statistic
A numerical value calculated from sample data, used in hypothesis testing to determine whether to reject the null hypothesis.
Null Hypothesis
A default position that indicates no difference or no effect, set to be tested and possibly rejected in favor of an alternative hypothesis.
Test Statistic
A value calculated from sample data during a hypothesis test used to make a decision about the null hypothesis.
Null Hypothesis
A statement of no effect or no difference, used as a starting assumption for statistical significance testing.
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