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Statistics Deals with Methods and Techniques That Can Be Used

question 24

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Statistics deals with methods and techniques that can be used to draw conclusions about the characteristics of something with a large number of data points sing a smaller portion of the entire data.


Definitions:

Null Hypothesis

The presumption made in statistical analysis that there is no association or effect among variables being studied.

μs

The symbol for the population mean in statistics, representing the average value of a distribution.

Critical Value

A point on the scale of the test statistic beyond which we reject the null hypothesis, assuming the alternative hypothesis.

Analytical Comparison

The process of examining similarities and differences between two or more items or datasets to draw conclusions.

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