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On behalf of the jazz group Fusion,their manager Greg agrees to a performance in Hillside Amphitheatre on July 4.Hillside sends a written copy of the agreement to Greg to be signed.If Greg signs the copy,the parties will have
P-Value
Given that the null hypothesis is presumed correct, it's the likelihood of experiencing test findings that are as extreme or more extreme than actually observed ones.
Test Statistic
A calculated value from sample data, used to decide whether to reject the null hypothesis in the context of a hypothesis test.
Null Hypothesis
In statistical testing, a hypothesis that assumes there is no significant difference or effect, serving as the default assumption to test against.
Null Hypothesis
A hypothesis in statistical inference and hypothesis testing that suggests no significant effect or relationship exists in the data.
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