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What Are the Three Basic Strategies for Becoming a Business

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What are the three basic strategies for becoming a business owner?


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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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