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A hypothesis test is to be performed. Describe the two possible outcomes of the test using the context of the givensituation.
-During one flu epidemic the proportion of adults nationwide who have come down with the flu is . The manufacturer of a flu vaccine claims that those who have been vaccinated are less likely to catch the flu.
The hypotheses are as follows:
Null hypothesis: proportion of those vaccinated catching the flu
Alternative hypothesis: proportion of those vaccinated catching the flu
Church Sermon
A church sermon is an oration, lecture, or talk by a member of a religious institution or clergy where spiritual or moral lessons are delivered.
Market Segmentation
The process of dividing a target market into smaller, more defined categories of consumers who share similar characteristics and needs.
Utility
The total satisfaction or benefit that a consumer receives from consuming a good or service.
Competitive Intelligence
The act of gathering and analyzing information about competitors' activities and strategies to inform a company's decisions.
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