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"What Do You Think of Bill's Idea?" Is an Example

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"What do you think of Bill's idea?" is an example of:


Definitions:

Confidence Interval

A range of values that is likely to contain a population parameter with a certain level of confidence.

Null Hypothesis

A default hypothesis that there is no effect or no difference, and the observed outcomes are due to chance; it is the hypothesis tested for possible rejection in statistical analysis.

Hypothesized Value

A specified value in hypothesis testing which is assumed for the sake of argument or investigation.

One-Tail Test

A statistical hypothesis test in which the region of rejection is on only one side of the sampling distribution.

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