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Describe in a few sentences how each of the following affects the power of ahypothesis test.
a) The size of the difference between the actual value and the hypothesized value ofthe population proportion.
b) The significance level, ?
c) The sample size
Presale Testing
The process of evaluating the potential market success of a new product or service before its full-scale launch.
Probability
The quantification of an event's occurrence probability, expressed with a number from 0 to 1.
Computer Chip
A small piece of semiconducting material on which an integrated circuit is embedded.
Guesses
Estimates or predictions made without sufficient information or knowledge, relying on intuition rather than data.
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