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Identify the four steps to an action for the tort of negligence and explain the significance of establishing an affirmative response at each step in the process.Briefly explain the significance of whether a case at bar that does not present a novel situation.
Population Parameters
Numerical characteristics that summarize or describe aspects of a population, such as mean, variance, or standard deviation.
Test Statistic
A measure calculated from a sample data to perform a hypothesis test.
P-Value
The likelihood of getting findings from tests that are at least as extreme as what was observed, assuming the correctness of the null hypothesis.
Null Hypothesis
A statistical hypothesis that assumes no significant difference or effect, serving as the default assumption that is tested against an alternative hypothesis.
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