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i. To set up a decision rule, the sampling distribution is divided into two regions-a region of non- rejection and a region where the null hypothesis is rejected.
ii. A test statistic is a value determined from sample information collected to test the null hypothesis.
iii. If the null hypothesis is true and the researchers do not reject it, then a correct decision has been made.
Trade Secrets
Confidential business information which provides an enterprise a competitive edge, and which is protected from disclosure by law.
Fast-Second Strategy
a business approach where companies wait to observe the successes and failures of innovators before entering the market with a more refined and potentially more competitive offer.
Catgut
A type of cord traditionally made from the natural fibers found in the intestines of sheep and other animals, used for surgical sutures and musical instrument strings.
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