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How do ERP systems build upon and/or improve TPSs and FAISs? Why do businesses want to implement ERP? Why is it so difficult to implement ERP successfully? List and briefly describe five real-world ERP failures.
Z-statistic
A statistical measure that quantifies the distance (in standard deviation units) a data point is from the mean of a distribution.
Two-tailed Test
A statistical test that considers both directions of an effect, testing the possibility of relationships in both positive and negative directions.
Significant
Denoting a result in statistical analysis that is likely not due to chance, thereby indicating a meaningful difference or correlation.
Z-statistic
A statistic used in hypothesis testing, calculated as the difference between a sample statistic and its hypothesized population parameter, divided by the standard error.
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