When You Read the Results of Hypothesis Tests in a Newspaper

question 19

Essay

When you read the results of hypothesis tests in a newspaper, you are given very little information about the details of the test.What is often missing (name two things)?

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Definitions:

Interest Rate

The percentage of the principal amount charged by a lender to a borrower for the use of assets, typically expressed as an annual percentage rate (APR).

Equivalent

Equal in value, amount, function, meaning, etc., to something else.

Preceding January

The January that occurred immediately before the current date or specified event.

Retail Store

A business establishment that sells goods and services directly to consumers, typically at a markup from wholesale prices.