Assume the following sales data for a company: 
What is the percentage increase in sales from 2015 to 2016?
Definitions:
Null Hypothesis
A statement or assumption that there is no effect or no difference, and is the hypothesis that researchers aim to test against.
Hypothesized Value
A specific value or condition proposed in a hypothesis that is tested through statistical analysis.
One-Tail Test
A type of statistical hypothesis test where the rejection area is located on just one side of the sampling distribution.
Two-Tail
Pertains to a type of statistical test that assesses the possibility of an effect being in two opposite directions, not favoring either tail of the distribution.
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